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French energy giant Total has said a new tool developed in Aberdeen represents a “significant opportunity” to slash its $14.3bn (£11.6bn) global decommissioning bill.

Deep Casing Tools (DCT) has been backed by the operator and the Oil and Gas Technology Centre (OGTC) to develop the new system which can significantly reduce the amount of time taken to plug and abandon (P&A) offshore wells.

P&A is a major expense in the decommissioning process, expected to make up roughly half of the UK North Sea’s total £15bn spend to 2027, according to industry body Oil and Gas UK

https://www.energyvoice.com/oilandgas/208980/total-aiming-to-cut-11-6bn-decom-bill-with-aberdeen-developed-tool/
Photo Credit: Energy Voice 

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