Endeavor Management’s Oil and Gas Expert Advisory Group is pleased to announce the availability of a new joint industry project (JIP) as a follow-on from its successful “Stocking the Decommissioning Tool Kit” JIP, completed last year.
This proposal outlines plans for a 2018 Decommissioning ‘Phase II’ JIP entitled “Plugging In the Power Tools” in response to customer demand and to maintain the technical momentum.
Our Decom JIP Phase II is now offered as part of the newly restructured and expanded DeepStar program.
DeepStar is now part of the Offshore Operators Committee and now allows open industry participation in selected JIPs, designated as Satellite Projects, without the requirement for annual membership. Endeavor’s Decom JIP Phase II falls into the Satellite project category. Chevron is the DeepStar Champion for Decom JIP Phase II and BHP has also indicated their interest in joining.
If the proposal becomes a Satellite Project as expected, costs should be lower than in the attached proposal and will depend on the actual tasks selected by the participating companies and the number of funding participants.
Please see the links below for the one-page summary and comprehensive project proposal for Decom JIP Phase II. Both have been prepared with guidance from the DeepStar committee.
All interested parties wanting more info or interested in joining the Decommissioning JIP Phase II should contact Will Gala at Chevron, DeepStar Champion, for this JIP.