Session 5

Tuesday 23 November : 4.30 pm – 5.30 pm

OFFSHORE DECOMMISSIONING: LESSONS FROM MULTIPLE BASINS

Session Champion

The UK is an early mover in the global decommissioning market but we now have multiple basins shaping their own decommissioning markets and exporting lessons.

There are shared challenges around legislation, technology, business models and ways of working. There are also fundamental differences basin to basin, like regulation and fiscal policy, which could provide differing opportunity and risk profiles for companies operating different regions.

As each basin progress their own decommissioning liabilities, sharing and learning is vital for success.

Speakers and Panellists

Philip Whittaker
Partner and Director, Oil & Gas

Boston Consulting Group

Philip is a Partner and Director in Oil & Gas at BCG, and has ~30 years’ experience in E&P. Philip co-leads BCG’s Upstream Business Line and Decommissioning topic globally. He has led well over 100 projects in E&P and OFSE, spanning strategy, performance improvement, M&A and due diligence. He started his career with Shell as a Drilling Engineer and Drilling Supervisor in the North Sea, South America and the Middle East. Philip is a UK Chartered Engineer and a Member of the Society of Petroleum Engineers.


Martha Vazques
Associate Director, Upstream Oil & Gas

Boston Consulting Group

Martha is an Associate Director in Upstream Oil & Gas at BCG and has ~20 years’ experience in E&P. Martha co-leads Upstream Decommissioning and Asset Decarbonization topics globally. Her experience covers strategy, business models, performance improvement and commercial due diligence. Prior to BCG Martha worked at Schlumberger for 10 years in field operations and field development planning. She has a degree in Physics and an MBA from London Business School.


Francis Norman
General Manager Decommissioning and Strategy
Centre of Decommissioning Australia

Dr Francis Norman is a highly experienced strategic leader. His role of General Manager Decommission and Strategy with the Center Of Decommissioning Australia (CODA) is informed by over 40 years of experience in resource project engineering and business leadership. Francis is leading CODA's work to coordinate the establishment of regionally appropriate decommissioning capacity and capability that is ready to address Australia's growing demands. A former WA division President for Engineers Australia, he holds a MSc in project management and a PhD in management.


Idris Mohammad Jaafar
BSP Asset Decommissioning and Restoration General Manager
Brunei Shell Petroleum Company

Education: BEng (Hon) Civil and Structural Engineering, the Sheffield University, UK, 1988.
Master of Business Administration - Economic and Corporate Finance, UBD, 2002.

Professional Qualifications:

  • Charteredship, CEng, Institutes of Civil Engineering, (ICE) UK, 2001
  • Fellowship, FICE, 2010.
  • Charteredship, Institutes of Marine, Environmental, Technology and Science (IMarEST), 2002.
  • Member of PUJA, Brunei.
  • Member of ASEAN ENGINEER.

33 years of Career so far:

  • 1988 – 1990: A Structural Engineer, BSP
  • 1990-1991: Field Engineer on Construction Barge, BSP
  • 1991-1994: Project Engineer, BSP
  • 1995-1999: Senior Structural Engineer and Senior Project Engineer, Shell UK
  • 2000-2002: Project Manager, BSP
  • 2002-2005: Asset Operation Manager, BSP
  • 2005-2012: Central Engineering Manager, BSP
  • 2012-2014: Senior HSSE Manager
  • 2014-2015: Business Opportunity Manager, BSP
  • 2016-2020: Planning Manager in the Decommissioning and Restoration Center of Excellence, Group Shell International Company, Netherlands.
  • 2020- present: Asset Decommissioning and Restoration, General Manager, BSP

Mohamad Ikhranizam bin Mohamad Ros
Decommissioning & Abandonment
PETRONAS

Mr Ikhranizam graduated in Electrical Engineering and completed his MBA majoring in Finance from International Islamic University of Malaysia. A Competent Electrical Engineer by background, the ASEAN Chartered Professional Engineer is at the moment serves in Decommissioning & Abandonment (D&A) unit in Project Delivery and Technology Division of PETRONAS where he steers and develops big scales integrated Decommissioning & Abandonment programs. Besides playing as a key figure in advocating D&A collaboration, Ikhranizam had also served as Project Manager for Malaysia’s first Integrated D&A projects in SK305 Block and subsequently served as a D&A Project Head for PETRONAS Carigali D&A Project till Dec 2019. He is currently leading multi Late Life D&A project planning, study and consultancy works in Decommissioning & Abandonment in Malaysia, Thailand and South Sudan for PETRONAS. Among other distinctions in this field, Ikhranizam helps organizations to get ready to decommission and abandonment as an operation entity into unique project phase with its own life cycle. He continuously works together within the industry in creating values though process simplifications, and other planning & execution value improvement practices related to D&A.


Jacqueline Vaessen
General Manager
Nexstep

Jacqueline Vaessen is the General Manager of Nexstep since February 2018. Nexstep, the national platform for re-use and decommissioning, has been established to facilitate, stimulate and illustrate the safe, clean and efficient (30% cost reduction) removal of oil and gas infrastructure in the Netherlands. In addition, Nexstep stimulates securing crucial infrastructure for re-use, in order to accelerate the energy transition. Vaessen, who has a master’s degree in chemical engineering and a bachelor’s in psychology, started her career at Shell Chemicals in 1989. After that, she worked eight years for Syntens as an innovation broker and later on as regional manager. In 2004, she decided to become a self-employed entrepreneur focusing on energy savings within the industry and in alternative ways of generating sustainable energy. Until September 2018, Jacqueline Vaessen was politically active as a Member of the Province of Utrecht Council and acted as a spokesperson for energy and economy.


Stephane Barc
General Manager
Petrodec BV

Stéphane Barc has 15 years of technical and senior management experience in operating companies. With an extensive background in drilling & well engineering and operations, he then successively occupied senior positions in business development, mergers and acquisitions prior to leading the procurement and supply chain activity for a large independent Oil & Gas operator. He joined Petrodec at the very start of the adventure with a strong motivation to seize the decommissioning market opportunity. Since then he helped grow the company and establish a solid track record of safety, quality and efficiency.


Win Thornton
VP Decommissioning

bp

Over 40 years’ experience in offshore construction and decommissioning projects working as an Operator (BP, Chevron, OXY), Contractor (B&R, WorleyParsons) and Entrepreneur (TST, WINMAR). Win has as BSCE from Georgia Tech and an MSCE from the University of Houston.

Industry recognized as an expert in offshore decommissioning and reuse. Recently completed +40,000MT Miller Decom project offshore UK. Managed the decommissioning of 250+ offshore facilities and 30+ reuse projects in the Gulf of Mexico. Global work experience includes offshore decommissioning and reuse projects in the Gulf of Mexico, North Sea, West Africa, California, Alaska, Southeast Asia and South America. Championed for 30+ years the environmentally sound and cost-effective disposal of obsolete platforms through placement in state sanctioned “Rigs-to-Reefs” programs. Chair of the IOGP Decommissioning Committee.