Neptune Energy lets cross-border decommissioning contract

Neptune Energy let a $30-million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells across eight Dutch and UK North Sea fields.
Sept. 20, 2022

Neptune Energy let a $30-million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells across eight Dutch and UK North Sea fields.

The Well-Safe Protector jack up rig will carry out the plug and abandonment of at least four subsea and 17 platform wells, the service provider said in a release Sept. 20. The rig is expected to mobilize in first-quarter 2023 to the Dutch and UK sectors for work in fields including D18a-A, G14-B, K12-S2, L10-S2, and K9c-A in the Netherlands and the Neptune-operated Minke and Orca fields.

Neptune has the option to extend the 1-year contract by a further 2 years, via eight 3-month extensions.

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