News

15 March 2018

Significant Contract with Thailands Ministry of Energy - Department of Mineral Fuels 

 

We are pleased to announce that RESL together with our Thai partner JST Group have been awarded a significant contract with Thailands Ministry of Energy Department of Mineral Fuels (DMF).

The contract covers a comprehensive study which will provide the DMF with;

                 An understanding of Thailand’s Decommissioning Preparedness

                 New Thailand Decommissioning Guidelines and Well Abandonment Guidelines

                 A designed and tested Decommissioning Management System

                 A Thailand Decommissioning Master Plan for 2019-2024 including national engagement and international sharing

RESLs Managing Director, Dr. Brian Twomey, says RESL has worked in South East Asia and Thailand on decommissioning matters for many years. With the expected increase of decommissioning activity in Thailand in the coming years, we are excited to work for the Thai government, as we believe now is the right time for forming a strategy for decommissioning and well abandonment on a national level. We believe there is great potential for Thailand to achieve satisfactory decommissioning and well abandonment outcomes for all parties, and we will help identifying areas where the use of local content can be maximized. We are very excited to work with our partner JST Group which has a strong position in South East Asia and Thailand.

JST Groups Chief Operating Officer, Derek Stamp, comments; JST Group is pleased with being awarded this contract from the Department of Mineral Fuels and with this stepping into the decommissioning sector. We are looking to expand further into decommissioning and well abandonment in Thailand where we see great potential in the coming years.

Please contact us if you would like to learn more about the study or decommissioning in Thailand.

 


 

16 March 2017

Presenter, Exhibitor and Sponsor at DecomWorld GOM 2017 in Houston, Texas, USA

Reverse Engineering Services Ltd participated at the annual DecomWorld GOM decommissioning conference in Houston 14-15 March 2017 where we presented the following papers:

 

Offshore Decommissioning & Well P&A Cost reduction strategies

Presented by Brian Twomey, Managing Director, Reverse Engineering Services Ltd and Ernest Hui, Global Business Improvement Lead, Shell 

Topics covered:

  • Status and accuracy of current cost estimates
  • Verification and Benchmarking of cost estimates
  • Overview of Possible Cost Reduction Strategies 
  • High level potential effect of Law & Regulation on cost
  • Potential effect of new technologies on cost
  • Overview of three cost saving opportunities for Offshore Decommissioning
  • Overview of three cost saving opportunities for well P&A 

 

Decommissioning of Large Offshore Installations & Major Risk Identification

Presented by Brian Twomey, Managing Director, Reverse Engineering Services Ltd and Dylan Campbell, Risk Engineer, PetroSA 

Topics covered: 

  • Summary of global decommissioning requirements and interpretations, and the major risk identification process
  • Traditional reverse installation methods using crane vessels
  • Benefit from a discussion of alternative removal methods for large topsides and jackets, and an exploration of how to decommission other large offshore installations
  •  Well P&A: Barriers to Barriers - When Assets Become Liabilities

Steve Coombs, Principal Consultant & Operations Director, participated in a panel discussion with Delaney Olstad, Global Business Development Manager at Weatherford, Michael Smalley, Global Solutions Champion at Weatherford and Danny Turner, President of DRT Solutions.

Topics covered:

  • Benefit from a discussion of issues regarding barriers, including the economics of P&A, global regulations, and new technologies currently emerging
  • Understand the well life cycle and interventions options so that you can make the best possible choices for your assets
  • Consider assets as possible liabilities from the perspective of risk and well integrity 

 

If you would like to learn more about these papers, please contact us.