Summer / Autumn 2021

Boosting well capping capability with Engenuity

The James Fisher group is boosting its offshore decommissioning prowess with the acquisition of the engineering solutions and consultancy company, Subsea Engenuity Ltd.  

The purchase gives James Fisher Offshore (JFO) access to innovative subsea well abandonment technology which helps customers eliminate ongoing platform maintenance costs and provide a wider range of vessel based solutions. It also allows for the provision of the technology required for cost-effective well cap setting which ensures the seabed is returned to its natural state with zero pollution impact.  

Engenuity’s subsea well abandonment technology focuses on providing well caps to stop contaminants escaping into the environment prior to the subsea structure being removed.  Using this in combination with JFO’s abrasive water jet cutting system allows the team to create a full vessel-based abandonment and severance package – on one vessel - which saves customers time and money. 

Acquiring this new technology considerably enhances JFO’s ability to offer a complete subsea decommissioning solution package which extends from well abandonment right through to structure removal. This, and the experience of the Engenuity team, will allow JFO to expand into new markets and sectors. 

JFO and Subsea Engenuegunity were previously working together with a similar customer base, but the combination means customers benefit from reduced contractual complexity by of employing one contractor and one multi-disciplined team. It also puts JFO in a strong position for a rising number of decommissioning projects. 

‘As assets age and the requirements for fossil fuels reduce, the demand for wells to be plugged and the seabed returned to its natural state increases,’

Explains Richard Henderson, engineering director at JFO.  

‘However, well abandonment does not generate revenue for energy operators, so there is a strong demand for the process to be conducted safely at a reduced cost.’    

The UK Oil and Gas Authority target is for decommissioning costs to be reduced by 35% and JFO’s strategy along with the new Engenuity technology makes it easier for customers to achieve this goal, with cost savings applying in global markets as much as they do in the North Sea. 

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