Upon delivery, the company will convert the semisub into a bespoke plug and abandonment (P&A) unit. It will be renamed theWell-Safe Guardian.
Conversion works include installing a dive system and the capability to deploy a SIL (subsea intervention lubricator) - which is nearing completion of the design and engineering phase, supported by the Oil and Gas Technology Centre.
The company said that the acquisition would bring ninety more jobs to theNorth Sea over the course of the next year, adding to its current forty employees.
This is said to be the first time a privately owned, Scottish business will own and operate this type of unit. The company said it is progressing conversations to add a second semisub. This will be followed by a jackup, mono-hull vessel, and land-based P&A units.
Launched in August 2017, Well-Safe aims to become a ‘Tier One’ wells decommissioning company.