Well-Safe Solutions has signed its first contract after launching in July this year.
The specialist well abandonment company has secured a three-year framework agreement with TAQA Bratani Limited for the provision of intervention management services for all their North Sea assets.
Under this call-off arrangement, Well-Safe will provide people and engineering services to support TAQA with well plug and abandonment (P&A) planning.
This announcement follows several high profile appointments at Well-Safe, which now employs 25 people, in its newly refurbished headquarters at the prestigious Hill of Rubislaw in Aberdeen.
Phil Milton, chief executive officer of Well-Safe, said “Winning our first piece of work, less than four months after start-up, is a major milestone for Well-Safe. It underlines the unrivalled well plug and abandonment expertise we have already amassed in such a short space of time.
“Working collaboratively with TAQA’s in-house team, we will undertake well P&A planning that identifies the safest, most-effective and efficient solutions.
“Our goal is to build long-term relationships, based on trust between our employees, clients and the industry, and we look forward to working in true partnership with TAQA to support them in making informed decisions on P&A activity and then implementing them effectively.”
Aiming to become a major “Tier 1” well abandonment service company, Well-Safe Solutions will provide a fully integrated package using its own bespoke marine and land-based assets to help oil and gas operators meet the challenges of safe and cost-efficient decommissioning of wells.