Bibby Offshore Delivers Multi-Million Dollar Decommissioning Contracts
Bibby Offshore announced Tuesday that it has completed two multi-million dollar decommissioning contracts on the UK Continental Shelf in 2015.
The first of these contracts was delivered for Tullow Oil SK throughout the second quarter of this year at the Orwell and Wissey subsea installations, in the southern North Sea. The second, which was completed in the third quarter of 2015 for Endeavour Energy, saw Bibby perform decommissioning operations at the Renee and Rubie fields located in the central North Sea.
Barry Macleod, managing director of Bibby Offshore UKCS commented in a company statement:
“Decommissioning work has been a key area of focus for Bibby Offshore for many years and as a result, we have built up a strong track record. Production from the Renee and Rubie fields ceased in 2009 and, following a site survey we completed last October, we were contracted to be part of this extensive project.
"UKCS decommissioning costs are forecast to reach in excess of £50 billion [$76.9 billion] over the next 35 years. Decommissioning operations in particular are specialist by nature in order to ensure that all materials and often complex infrastructure are removed and disposed of safely and responsibly, with minimal environmental impact.”
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