Subsea decommissioning has become a major issue for the offshore Oil and Gas industry. Endeavor Management has led the charge to complete a joint industry project (JIP) related to products and services in subsea decommissioning. The JIP was funded by 8 Operators, including 4 majors, and 5 oilfield service companies. In this article, we highlight some of the major findings from this Subsea Decom JIP, which was completed a few months ago.
Since the JIP was published, the issues receiving the most interest are:
To view a copy of this article, please visit Offshore Magazine’s website
For more information about this subsea decommissioning JIP or to learn more about a second Subsea Decom JIP – which will offer exciting information on such issues as reducing federal regulatory financial liability, new methods of decision-making relative to environmental issues, and continuing progress on the use of resins – to be offered in early 2017, please contact Keith Caulfield at kcaulfield@endeavormgmt.com.