Will You Make the Most of North Sea Decommissioning?

Recent reports indicate that the scale of opportunity arising from North Sea decommissioning is growing, with industry set to spend at least $56.16billion by 2040.

As the dedicated North Sea industry forum, Decom North Sea (DNS) facilitates and drives collaboration with the key objective of delivering the most efficient and cost effective end of asset life solution development and delivery. It’s a pivotal role that ensures companies are informed, ready and able to make the very most of the opportunities available within the decommissioning industry. The DNS program of monthly Lunch and Learn sessions exemplify this objective, with the next being held in Aberdeen on Wednesday, 12 November.

In the wake of the recent Offshore Decommissioning Conference, anyone with an interest in decommissioning, and what lies ahead for the sector is urged to attend the event which will give attendees from across the UK and Europe the opportunity to hear about and discuss vital sector developments whilst networking with key decommissioning players.

Industry focus will come from Babcock International Group (BCKIF), NORM services provider Scotoil Services Ltd, and legal firm Maclay, Murray and Spens, who will bring with them an example of the importance of cross-industry collaboration within decommissioning. As Kirsti Olson, Partner, Decommissioning explains: “Our Decommissioning team has extensive experience of oil industry decommissioning projects in the North Sea, dealing with regulatory matters, drafting decommissioning and related contracts and assisting clients both during and after their projects to resolve any difficult issues arising.  

“At Decom North Sea’s next lunch and learn, we will explain in more detail our direct involvement in this area and the wide range of other services that we provide in order to support operators, contractors and suppliers involved in the decommissioning process.“

DNS chief executive, Nigel Jenkins looks forward to welcoming members and non-members along to the event. He believes that these events are instrumental is spreading the word of DNS’ capability as the era of decommissioning gathers momentum: “The recent Wood Review and Scottish Government Total Value Add report highlighted the strategic importance of decommissioning to the UK and European economy and stressed the need for game changing solutions to reduce decommissioning costs. DNS plays a leading role in accessing those solutions, because we are the only organization bringing all members and stakeholders together, focused on decommissioning.

 “I would encourage those with an interest in decommissioning to attend our insightful Lunch and Learn sessions. Those who want access to relevant real time market information and the opportunity to build a valuable network of contacts within the oil and gas industry and beyond must get it in their diary.”