DeepOcean, Exceed join forces on vessel-based well P&A

DeepOcean and Exceed have entered an agreement to jointly provide vessel-based well P&A services globally.

The partnership will combine DeepOcean’s subsea engineering and fleet of work ROVs and supporting subsea vessels with Exceed’s well decommissioning capabilities, forming a single contract, turnkey P&A service for decommissioning.

That will include equipment, planning, execution and a full audit trail to support repurposing and reuse of covered structures.

Recently the two companies completed a multi-well, vessel-based P&A campaign for Serica Energy in the UK North Sea. The partners said their joint campaign delivered time and cost savings as well as reduced CO₂ emissions compared with rig-based P&A activity.

Exceed also offers what it says is a fully compliant subsea wellhead removal service.