Late Life Asset Management & Decommissioning

Maximizing Returns

Whether you are at the start of your operations journey, running an aging asset, or acquiring one, we understand that safe, predictable performance is fundamental to your investment.

As production declines and budgets come under pressure, we help asset owners safely adapt their operating models, manage costs, and maximize remaining value.

We Deliver:

  • Tailored operating models for late-life assets
  • Optimized personnel and maintenance strategies
  • Energy efficiency and emissions reduction initiatives
  • Asset acquisition and ownership transitions
  • Technical, operational, and budgetary due diligence

Asset Acquisition 

For owners looking to acquire assets, we use our experience with mature assets to understand operating, capital, transition, and abandonment costs, building confidence in new investments.

We’ve supported nine new entrant operators and managed more than 25 major people, asset, and infrastructure transitions globally.

Proof Points:

  • 12 assets operated as Duty Holder (pioneered model)
  • 25+ major asset transitions completed
  • 200% improvement in connected worker productivity

Decommissioning

Early Engagement Reduces Decommissioning Costs

Maximizing economic recovery, deferring cessation of production (CoP) and planning for the safe and compliant retirement of assets are key concerns for asset owners. We support decommissioning strategies from the early planning stages through execution, providing a fully integrated solution for complex decommissioning projects.

Engaging with us early allows for timely interventions that can reduce the eventual cost of removal and underpin the predictable, safe removal of assets onshore and offshore.

We Deliver:

  • Decommissioning strategy, planning and execution
  • Cost estimation
  • Offshore platform decommissioning (jacket and topsides)
  • Well plugging and abandonment
  • Subsea pipeline and infrastructure removal
  • Onshore facility decommissioning

We are the only contractor globally who can deliver decommissioning and well plugging and abandonment under a fully managed model – from working with you to create initial methodologies to well plugging and abandonment, disconnection, dismantlement, and onshore breakdown.

Proof Points:

  • US$>2bn wells and decommissioning supply chain spend managed globally in recent years
  • 20+ years’ experience in wells and decommissioning

Our Work