Decommissioning

  • Keynote Programme Session: Decommissioning: now's the time

    Synopsis

    Hundreds of billions of dollars will be spent on decommissioning over the next few decades, bringing new opportunities to innovate, reduce costs and develop valuable expertise and skills. In this session, we will look at emerging best practices. We will start by focusing on a selection of case studies which showcase what is an increasing number of exceptional performers.

    We will then explore how these positive lessons learned are being transferred to other operators and how work programmes can best be co-ordinated. We will look at how technology is offering further game-changing potential. In particular, the wells plug and abandonment area where almost half of the cost lies, and how operators, supply chain and regulators are already working together in new ways to expedite technology.

    The session will also explore how exciting new business models are being developed to drive innovation and how some of this new mindset is being borrowed from other industries. In addition, our diverse panel will address questions, including how to attract the next generation of people into the decommissioning industry and why it should be seen as an exciting area to rival any other.


    Chair:
     Andy Samuel, Chief Executive, OGA

    Co-Chair: Geir Tuft, Chief Executive Officer, Ineos

  • Format

    This two-hour session will feature a diverse selection of speakers who will each have 15 minutes before the panel is opened to the floor for questions.

    Introduction: Geir Tuft Chief Executive Officer, Ineos Oil & Gas

    Geir will introduce the session and the other speakers and share a major operators decommissioning learnings from across the Ineos business including downstream.

    Panel session moderated by: Andy Samuel, Chief Executive, OGA


    Emerging excellence - East of Shetland

    Caroline Lawford decommissioning project lead, CNRl

    CNRl have been recognised for operational, cost-efficient excellence in decommissioning and will share lessons learnt. Caroline will also share how CNRl are collaborating in new ways with other operators in the area to drive efficiency and cost reduction.

    International best practices

    John Hand, Technology Programme Manager, ConocoPhillips

    The decommissioning of platforms, pipelines and facilities, as well as the plugging and abandoning of wells is a global challenge – whether it be shallow water, deep water, high pressure, high temperature, 10 or 50 year-old infrastructure. This session will discuss the key drivers and challenges behind current industry thinking and trends to decommissioning and P&A. It will explore the reaction of operators, services companies, innovators and regulators to these challenges. It will outline a vision of the future that provides the opportunity to materially change the way we execute decommissioning and P&A – reducing cost and risk to the environment and in a safe and prudent manner.

    Technology as game-changer

    Pamela Lomoro, OGTC

    This talk will provide a global perspective on the growing role of technology as applied to decommissioning. Exciting North Sea developments through the Oil & Gas Technology Centre’s decommissioning solution centre and new National Decommissioning Centre will be covered along with new technology deployments further afield.

    New business models

    Martha Vazques, Associate Director, Upstream Oil & Gas, Boston Consulting Grp
    Jon Clark, Partner, Mergers & Acquisitions, EY

    This talk will examine whether there could be a fundamental change to contracting strategy that delivers cost reduction at scale. In addition, it will explore new approaches to engagement, including supply chain-led solutions and new companies established to absorb liability issues, before examining how new business models can embrace the circular economy and transition to low carbon.

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