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Well-Safe Solutions clinches $30m Neptune Energy decommissioning deal

Aberdeen-headquartered decommissioning specialists Well-Safe Solutions has been awarded a contract by Neptune Energy for the Well-Safe Protector jackup rig to plug and abandon at least four subsea and 21 platform wells in the Dutch and UK sectors of the North Sea.

The one-year firm contract worth $30m also enables Neptune Energy to take up Well-Safe’s decommissioning engineering services if required, as well as the option of up to eight three-month extensions.

The announcement follows on from news earlier in the summer that the Well-Safe Protector will plug and abandon six wells on the Anglia platform in the Southern North Sea for Ithaca Energy, mobilising in autumn 2022.

The 1992-built rig will mobilise for the Neptune contract during the first quarter of 2023 in direct continuation of the Ithaca decommissioning project. 

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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