Decommissioning - the D word

How companies are building a £bn business opportunity - and potentially saving HMRC £15bn 0

Friday, June 23, 2017, London, The Geological Society

The oil and gas decommissioning industry is certainly broadening and maturing, and in doing so, creating many business opportunities.

The Decom Offshore event in Aberdeen this week, Roger Esson, chief executive of Decom North Sea, began by saying that the subject might now be considered "late life asset management" or mature basin management," with many more skills and technologies coming into play.

Previously, the decommissioning business was previously (arguably) just about a relationship between operators and their contractors. Now we are seeing alliances form to offer a complete late life asset management service. Also, we are seeing innovations in insurance and financial management, and people exploring re-use of equipment both topsides and subsea.

More attention is being given to political, financial, regulatory and joint venture aspects, and much more strategic thinking overall is happening about different ways to move forward. There is also much thinking about what can be learned from the nuclear sector.

If you have subsurface expertise, there could be business opportunities too. Managing downhole risks is, of course, a very high priority and concern, and you may be able to assist. You could also provide advice about future production potential of an older asset.

It isn't just a UKCS opportunity - the Dutch are getting heavily involved. We heard at the conference that 75 per cent of the Netherlands' gas platforms will be uneconomic within 3-4 years at the current gas price. The Netherlands has 156 platforms and 700 wells, compared to 323 platforms and 4,000 wells in the UKCS.

You can find out more about the opportunities and join the discussion at our conference on June 23rd.

As on previous years, the conference will be chaired by Greg Coleman of Petromall, a former global head of HSEQ with BP (and current CEO of Independent Resources Group and Echo Energy), and Graham Scotton of Petromall, formerly COO of Dana Petroleum. We have speakers confirmed from ABB (on what we can learn from onshore decommissioning), Zolnai on managing the information supply chain, KM Dastur on approaches to insurance, and Christopher Lloyd of Petromall on new management approaches.


Note: This event continues from our past 'Decommissioning - the D word!' event held in June 2016 - see the agenda - see the delegates list


Agenda

9:30

Greg Coleman - - PetroMall Ltd

Chairman's introduction - current situation with North Sea decommissioning


Greg’s 35+ years in the oil and gas industry from front line drilling supervisor to senior executive in BP has enabled him to have insight into how action and leadership at the top of an organisation work at the front line.

He specialises in advising clients on governance, strategy, risk management, M&A and commercial & operational insights to improve business performance. He is working with Heriot Watt’s Institute of Petroleum Engineering to create a Petroleum Risk Management Academy and lectures at Insead’s Executive Education Program

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.
10:00

Steve Andrew - Demolition and Remediation Manager - ABB

Taking Onshore learning Offshore

Talk Description.

  • What can be learnt from Onshore Decommissioning projects
  • What are the similarities and transferable skills
  • Lessons learnt, the effect of bad planning


ABB
ABB is a global leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact.

10:30

Andrew Zolnai - Owner - Zolnai.ca

Improving the information supply chain for decommissioning


Andrew Zolnai promotes web mapping and volunteer geo info at Zolnai.ca. For almost a decade in EMEA he held geospatial lead and subsurface integration positions. The prior decade in the US he was petroleum manager with Esri and senior consultant Landmark Halliburton. His first decade in Canada he held various positions in petroleum data management, GIS and field mapping. He is Certified Petroleum Geologist with over a dozen refereed and industry publications.

Zolnai.ca
We help you sketch out your information supply chain. Map your people, processes & Technology in a single web dashboard.
10:45 Coffee & Tea; Exhibits

11:14 Session 2 - "Decommissioning is a business"

11:15

Graham Scotton - Director - PetroMall Ltd

Session introduction


Graham is a former COO and acting CEO of Dana Petroleum Ltd. Before that he had a long career with BP with his most recent roles being in projects offshore Angola and in the Caspian.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.
11:35

Christopher Lloyd - Consultant - PetroMall Ltd

A new management approach to decommissioning


Christopher was formerly business development manager and strategic project manager with Reef Subsea, an offshore construction and survey company. He was the commercial manager for Reef Subsea for the company's part in the Fife, Fergus, Flora and Angus (FFFA) decommissioning projects. He is an experienced chartered engineer and operations manager having worked for the last 12 years in the North Sea and Norwegian Continental Shelf. During his time at Saipem UK Limited he worked on one of the North Seas first major decommissioning project for the Frigg field and MCP-01 in 2007-2008, requiring the removal of four steel jacket structures and six topside platforms. He is currently consulting in the offshore energy space, of which decommissioning is playing an increasingly large part.

Christopher is on the national membership panel of the Energy Institute and the safety committee of the Royal Institute of Naval Architects, as well as several other industry groups.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.
11:55

Steve Giles - Energy Divisional Director - KM Dastur & Company Limited

Better ways to do decommissioning insurance (talk title not confirmed)


KM Dastur & Company Limited
The Energy teams at KMD use their expertise to provide comprehensive solutions for various energy projects relating to Operating Risks (Production & Exploration Insurance for Oil & Gas), Construction Insurance, Control of Well, Builder’s Risk for Rigs, Vessels & Liabilities.

The various coverages include:

Physical Damage to structures such as Platforms, Pipelines, SBM’s , Blow outs in the case of Wells at the time of Drilling or Producing (including Onshore & Offshore Drilling Units).
Liabilities (Third Party).
Business Interruption / Loss of Production Income.
CAR / EAR along with DSU.
Builder’s Risk (Rigs under Construction & Ships under Construction).
12:15

Speaker from - - Technology / service company




Technology / service company
13:00 Lunch & Close

Sponsors of this event

ABB
ABB is a global leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.

Registered Delegates

Geoffrey Boyd
Field Development Consultant
Antium FRONTFIELD
United Kingdom
Andrew Rodda
North Sea Data Analyst
drillinginfo
United Kingdom
Bauyrzhan Zhumabek
Production and Development team
Idemitsu Petroleum
United Kingdom
Mark Bexon
director
Bexon Search & Service
United Kingdom
Avinga Pallangyo
Conference Organiser
Finding Petroleum
Alastair Reid
Consultant
IHS
United Kingdom
Richard Taylor
Oil & Gas Analyst
BMI Research
United Kingdom
Richard McIntyre
Sales Manager
Finding Petroleum
Mark Jones
Business Development Manager E&A
INTECSEA
United Kingdom
Harvey Johnstone
Global Manager, Decommissioning, Prevention & Waste
BP
Karl Jeffery
Editor
Finding Petroleum / Digital Energy Journal
United Kingdom
Ravi Chandran
Director
Kalki Consultants Limited
United Kingdom
Carl Fredrik Gyllenhammar
GeoScientist
CaMa GeoScience AS
Norway
Wally Jakubowicz
Managing Director
Hampton Data Services
United Kingdom
Robert Parker
Consultant
Parker
United Kingdom
Christopher Roberts
Principal
consultant
United Kingdom
David Harper
Principal Consultant
Harper Associates
United Kingdom
Michele Peduzzi

Santander
United Kingdom