Accelerating decommissioning during oil price slump
Accelerating decommissioning during oil price slump
- The Challenge
Decommissioning of an offshore oil field, northeast of Aberdeen, was due to begin in 2021
- The Solution
Speedy turnaround including virtual Factory Acceptance Testing
- The Impact
Losses due to drop in oil price minimised by bringing project forward by 1 year
Client:International Oil Company (IOC)
Location:North Sea
Sectors:Oil and Gas
The Challenge
Decommissioning of an offshore oil field, northeast of Aberdeen, was due to begin in 2021
However, when low oil prices and the Covid-19 pandemic hit, The IOC wanted to bring forward the plans by a year to save money. Due to the short notice, they needed a power provider who could move fast - the tender was issued in April 2021, awarded in July, and had to be installed just four weeks later in August.
They required complete power to the platform, including accommodation, crane and seawater pumps. As the project was High Voltage (H.V.), they also required a partner with H.V. capability.
Factory Acceptance Testing also had to be carried out on the generators at the height of the pandemic when the movement of staff and equipment was severely restricted.