Technical consultancy DNV GL believes that oil and gas companies need to collaborate in order to ensure the industry's ageing structures in the Middle East region can still be operated safely beyond their original design life, the firm said Thursday.
In a statement released to coincide with the ADIPEC conference currently taking place in Abu Dhabi, DNV GL said it estimates more than 70 percent of the 700-to-800 fixed oil and gas platforms and bridges in the Middle East region are more than 25 years old, with some being more than 40 years old.
As firms seek to cut costs, many operators are looking at extending the life of their platforms and other infrastructure in order to reduce operational expenditure.
"Life extension of ageing structures and assets is moving firmly up the agenda for oil and gas operators in the Middle East," Anupam Ghosal, DNV GL's new regional manager for the Middle East and India.
"Collaboration, joint innovation, best practice sharing and research, such as for carbon dioxide injection for enhanced oil recovery, are prerequisites for smarter lifetime extension projects."
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