InterAct to review global decommissioning liabilities

InterAct has been awarded a major contract to review worldwide decommissioning liabilities for one of the largest indepent oil and gas exploration and production companies in Europe and Africa.

Commencing immediately, the review will provide the client with an updated inventory of all wells and facilities in which they have an interest. This will include verification and evaluation of the well stock as well as analysis of all associated facilities – from platforms to pipelines – ultimately culminating in a decommissioning time and cost estimation.

Commenting on the project award, Stuart Wordsworth, general manager of InterAct Activity Management, said, “Given the timescale and wealth of assets to consider, this is an incredibly challenging task however InterAct’s engineers have the capacity and experience required to deliver projects at short notice.

InterAct won the project after demonstrating the depth of technical expertise the company could bring to the table – including involvement in some of the industry’s most significant decommissioning campaigns.

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