First Marine Solutions (FMS) has announced the award of a seven-figure consultancy contract to support Well-Safe Solutions with the Buchan and Hannay decommissioning campaign.
The contract will see offshore moorings expert FMS provide an array of marine consultancy services, including provision of equipment, marine services, and survey and marine engineering.
September this year saw Well-Safe secure a contract to execute all well decommissioning activity within Repsol Sinopec UK’s Buchan and Hannay fields.
Well-Safe will plug and abandon (P&A) 14 wells in the Buchan and Hannay fields using the Well-Safe Guardian rig as part of the multi-million pound deal, starting in 2022.
FMS’ contract will commence with this 14-well project, which was hailed by the Oil and Gas Authority (OGA) as “ground-breaking” in its collaborative approach.
The award follows a contract delivered by FMS for Well-Safe this summer, in which it successfully completed a rig entry survey using a 100% electric ASV, in preparation for the moving of the company’s jack-up rig, the Well-Safe Protector.
FMS managing director Steven Brown said he was “incredibly proud” to be associated with the P&A project.
“This well P&A campaign represents a shift in the offshore decommissioning commercial landscape for which we applaud Well-Safe Solutions. I believe its decision to award this contract to FMS firmly establishes our reputation as the North Sea’s leading integrated mooring and marine service provider.
“The agreement has been four years in the making – a period of time that has seen FMS evolve to an impressive extent through significant investment in personnel, technology and facilities.”
Since 2017 the company – part of millionaire businessman Ian Suttie’s First Tech group – has increased its workforce fourfold and earlier this year made a six-figure investment to strengthen its survey and positioning services. This comprised new office and workshop premises adjacent to the existing FMS headquarters in Aberdeen.
Commenting on the contract award, Well-Safe Solutions rig manager Lou Duncan said the company was looking forward to working alongside FMS during “a period of strong growth”.
Well-Safe launched in 2017 with the aim of reducing the costs of P&A, by far the most expensive element of a decommissioning campaign. Its P&A club concept is aimed at creating multi-well, multi-operator decommissioning campaigns to generate a substantial volume of work and keep a lid on clients’ costs.