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What's next for ageing assets & Future proofing for decommissioning - Hazardex 2016

Author : Intertek

28 October 2015

**These papers will be presented at Hazardex 2016. Contact us for details of the available delegate packages & offers** 

What’s next for ageing assets?

Oil and gas decommissioning represents a monumental challenge for operators, specifically those with a presence in established regions such as the North Sea and Gulf of Mexico.

Wide-scale oil and gas decommissioning is relatively new territory in many regions and the industry has only just begun to establish official guidelines and best-practice.
Operators face the task of diligently planning the disassembling of infrastructure that has reached the end of its design life. Furthermore, minimising environmental impact, adhering to legal and safety requirements and ensuring that costs are carefully controlled must all be taken into account.
With a maximum decommissioning sped forecast for 2017, we will explore the market opportunities and the technology requirements for such projects.

Presenter: Andrew Duncan CEng,
Lead Consultant, Materials & Corrosion Engineering, Intertek

Future-proofing for Decommissioning

Operators should future-proof for decommissioning early for effective cost management later by planning ahead and developing risk management strategies. An important aspect of this is to prepare Asset Life Extension. This requires detailed understanding of the asset and its maintenance. Good asset management can in turn result in reuse of equipment in the circular economy.
In this presentation we will describe how to approach and create a holistic strategy for successful project completion that combines the various tasks concerned with future-proofing and integration of Asset Life Extension and circular economy. The tasks range from engineering and sea bed surveys to waste and corrosion management, material testing, certification, specialist secondment, data management, environmental assurance and inventories. As an example, we will discuss how to address circular economy by coordinating different teams: 1) Identification of equipment for reuse by integrity management teams; 2) Recertification upon technical inspection; 3) Determination of waste streams by laboratories.
Applying such a coordinated approach across all stages of decommissioning will allow operators effective project and cost management. Planning now for decommissioning later can result in considerable gains in cost savings and efficiency.
Presenter: Richard Smith, Senior Engineer, Hazardous Locations, Intertek

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