IDC 2018 Show Report Post Show report - IDC 2017 | Page 4

CONFERENCE SUMMARY there's no money to do it, but it is an obligation on the part of the operator to do it. He stressed to look decommissioning as a project. He said cost estimation, scheduling, collection of data and analysis was important before beginning the well P&A. He reiterated that abandonment of wells was a big challenge. S.Karunanithi, DGM (D), Structure section, IEOT, ONGC touched upon five core areas; namely geotechnical engineering, structural engineering, risk & reliability engineering, materials & corrosion and alternate energy. He noted about the developments and achievements of IOET and several projects. He suggested the ways and ideas for abandoning the old oil & gas wells, which had lived their life cycle. Juzer Nomanboy, Managing Director, IEV Malaysia spoke about platform re-use. He believed that decommissioning was a non-revenue generating activity and it required to be made more elegant in order to drive attention of the industry. He said that re-use had great potential as it was a game changer without any liability issues. He talked about different structures, ways and analysis for re-using platforms in the best possible way, which would save time, money and resources. He also noted about the procedure of testing the platforms using different techniques. “A lot of times, when you think about reuse, it is more associated with fit for purpose reasons & can be utilised at a new location at the lowest cost possible without compromising the integrity of the structure,” he added. He mentioned that there was not a set formula to value a platform.