Scot-Govt publishes new floating decommissioning market study to help supply-chain

The former Buchan Alpha platform is being scrapped at at Dales Voe, Shetland
The former Buchan Alpha platform is being scrapped at at Dales Voe, Shetland

Energy ports and supply chain companies across Scotland are expected to benefit from a new study into decommissioning opportunities in the oil and gas sector.

The report focuses primarily on oil and gas floating assets including FPSO platforms, MODUs and semi-submersible platforms, which present a niche decommissioning opportunity for Scottish sites.

Publication of the report follows the announcement last week, that six decommissioning projects across Scotland have scooped a share of £1.5 million Scot-Govt decommissioning funding.

The former Buchan Alpha platform, currently being decommissioned at Dales Voe in Lerwick, is one of only two floating production assets to select Scotland as their decommissioning location.

The report emphasises however that market activity in this area may ramp up in the coming years.

Also included in the report is also an analysis on the decommissioning market for offshore support boats – this largely untapped market in Europe presents opportunities for Scotland’s supply-chain providers according to research for the report – commissioned by the Scot-Govt – carried out by Westwood Energy Group.

A Scot-Govt energy department spokesman commented: “In Scotland we have some world class facilities in our ports and harbours, coupled with significant decommissioning capabilities in the supporting supply chain.

“This report highlights very effectively the sizeable market which exists in the decommissioning of oil and gas floating structures and offshore supply boats.

“As such the report will be used to promote early engagement between the floating asset owners and suitable sites in Scotland that could accommodate their ultimate decommissioning.”

6 Feb 2018

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