{"id":6937,"date":"2018-05-01T07:30:00","date_gmt":"2018-05-01T06:30:00","guid":{"rendered":"https:\/\/engineernewsnetwork.com\/blog\/?p=6937"},"modified":"2018-04-30T12:28:34","modified_gmt":"2018-04-30T11:28:34","slug":"global-oil-and-gas-decommissioning-consortium-with-new-approach-for-operators","status":"publish","type":"post","link":"https:\/\/www.engineernewsnetwork.com\/blog\/global-oil-and-gas-decommissioning-consortium-with-new-approach-for-operators\/","title":{"rendered":"Global oil and gas decommissioning consortium with new approach for operators"},"content":{"rendered":"<p>A collaborative supply chain approach to global decommissioning is offering an end-to-end solution from industry leaders, to reduce the decommissioning burden, risk and cost for operators.<\/p>\n<p>The new global decommissioning consortium, which includes <span class=\"highlight highlight-blue\"><a href=\"http:\/\/www.lr.org\" target=\"_blank\" rel=\"noopener\">Lloyd\u2019s Register (LR)<\/a><\/span>, <span class=\"highlight highlight-blue\"><a href=\"http:\/\/www.worleyparsons.com\" target=\"_blank\" rel=\"noopener\">WorleyParsons<\/a><\/span>, and <span class=\"highlight highlight-blue\"><a href=\"http:\/\/www.advisian.com\" target=\"_blank\" rel=\"noopener\">Ardent<\/a><\/span>, brings together 350 years of collective experience to reduce the interfaces, costs and risks of decommissioning for the oil and gas industry.<br \/>\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block; text-align: center;\" data-ad-layout=\"in-article\" data-ad-format=\"fluid\" data-ad-client=\"ca-pub-7565662001938327\" data-ad-slot=\"7585079586\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><br \/>\nThis consortium includes leading experts to cover all aspects of decommissioning, from late life management to planning, readiness for removal, execution, waste management and monitoring post removal.<\/p>\n<p>The consortium has the unique capability to take well operatorship, duty-holdership and title of offshore structures, in addition to providing independent third-party assurance.<\/p>\n<p>\u201cThis consortium offers a new, collaborative approach to decommissioning for operators,\u201d highlights Steve Gilbert, Director of Asset Management and Decommissioning from <span class=\"highlight highlight-blue\"><a href=\"https:\/\/engineernewsnetwork.com\/blog\/helping-pipeline-operators-sense-whats-right-and-whats-likely-to-go-wrong\/\" target=\"_blank\" rel=\"noopener\">LR<\/a><\/span>. \u201cIt represents a fundamental step change for the industry, aligning assurance, project management, and safe, fit-for-purpose removal and disposal.<\/p>\n<p>\u201cDecommissioning can be daunting; the cost uncertainty, the colossal project scope and the unknown long-term liabilities.<\/p>\n<p>\u201cThe consortium helps to reduce the overall cost, time and liability burden for operators and allows them to focus resources on more fruitful activity, knowing that their decommissioning project is in safe hands.<\/p>\n<p>\u201cAs experts in asset and risk management, and a number one provider of verifications services, this approach will assure safety, efficiency and reputation.\u201d<\/p>\n<p>Peter Pietka, Ardent CEO, says: \u201cWe bring to the consortium over 150 years of maritime retrieval experience, as a global leader in salvage and wreck removal.<\/p>\n<p>\u201cThrough our expertise, we are in the unique position of being able to apply techniques and learnings from other sectors such as marine wreck removal, to improve how to tackle the increasingly important challenge of decommissioning offshore oil and gas infrastructure.\u201d<\/p>\n<p>Global spending on oil and gas decommissioning is expected to be $13bn per year by 2040.<\/p>\n<p>The consortium is set to deliver smarter decommissioning activities with end to end project management and execution for operators in Europe, Asia and Americas that include best practices from other sectors such as float and tow, used widely in salvage.<\/p>\n<p>Offering considerably more technical value for operators than rival partnerships, the members of the consortium have a proven track record across all areas of late life and decommissioning. It can ensure project efficiency, regulatory compliance and cost certainty in the execution of decommissioning activities, wherever in the world the assets may be.<\/p>\n<p>John Cox, Global Decommissioning Lead, WorleyParsons, says: \u201cThe value for industry is that our combined expertise covers the full decommissioning lifecycle. We have the unique capability to become well duty holders and take title of offshore structures plus we offer independent assurance throughout the decommissioning process. This consortium provides a new benchmark in cost-effective decommissioning activities, with safety and peace of mind for the operator.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A collaborative supply chain approach to global decommissioning is offering an end-to-end solution from industry leaders, to reduce the decommissioning burden, risk and cost for operators. The new global decommissioning consortium, which includes Lloyd\u2019s Register (LR), WorleyParsons, and Ardent, brings together 350 years of collective experience to reduce the interfaces, costs and risks of decommissioning &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[106],"tags":[3902,3903,162,2403,3893,161,3901],"class_list":["post-6937","post","type-post","status-publish","format-standard","","category-oil-gas","tag-ardent","tag-decommissioning","tag-gas","tag-lloyds-register","tag-lr","tag-oil","tag-worleyparsons"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Global oil and gas decommissioning consortium with new approach for operators - Engineer News Network<\/title>\n<meta name=\"description\" content=\"A collaborative supply chain approach to global decommissioning is offering an end-to-end solution from industry leaders, to reduce the decommissioning burden, risk and cost for operators\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.engineernewsnetwork.com\/blog\/global-oil-and-gas-decommissioning-consortium-with-new-approach-for-operators\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global oil and gas decommissioning consortium with new approach for operators - 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