Construction company, McDermott, has officially been awarded the Stybarrow Field Decommissioning Project contract. The premier, fully-integrated provider of engineering solutions secured the project’s engineering, procurement and removal works with Australian energy giant, Woodside.
The field’s location is within the northwest cape, in Western Australia. As part of the Stybarrow Field Decommissioning Contract, McDermott will carry out the full removal of the Stybarrow disconnectable turret mooring (DTM) buoy. Moreover, the company will also provide project management services. This will include the recovery, transportation as well as offloading of the DTM buoy, to a much more suitable onshore ard facility. Thereafter, the DTM shall undergo complete dismantling and disposal.
Stybarrow Field Decommissioning Project Features McDermott’s DLV2000 Vessel
Commercial production from the Stybarrow Field began in 2007 and ceased in June 2015. The facility featured the MODEC-operated FPSO Stybarrow Venture MV16. Quite impressively, reports note that its processing capacity was 100,000 barrels of liquids in a day. Meanwhile, its storage capacity is noted to have been in the order of 900,000 barrels. Furthermore, it included gas injection as well as water injection wells, at a total of four drill centers to the DTM. According to an official statement, the DTM buoy’s lifting and removal will be via the use of McDermott’s DLV2000 vessel.
While commenting on the project, McDermott’s Senior Vice President said that it will further demonstrate the company’s proven track record, especially with diverse, deepwater developments. Mahesh Swaminathan, further added that Stybarrow Field’s works highlight the importance of decommissioning, within the offshore industry.
Over the next ten years, Nesfircroft reports that a huge number of offshore rigs will have ended their production cycles. This in turn will, lead to a increased global need for technical decommissioning specialists. The report further stated that over the next 25 years, annual spending on offshore decommissioning will reach about $13 billion.