Well decommissioning specialists Well-Safe Solutions have signed an agreement to plug and abandon (P&A) 14 wells on the UK continental shelf.
The deal is the first scope agreed for the Well-Safe Defender semi-submersible rig, which Well-Safe Solutions purchased in June 2022.
The project, for an undisclosed value, will see the Well-Safe Defender mobilizing in March 2023 for approx. 250 days of work.
This contract announcement is the latest in a summer of growth for Well-Safe Solutions, who previously announced a well decommissioning contract with Ithaca Energy as well as a capital funding boost of £50m+ by new and existing investors.
Source: Well-Safe
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