5 April 2021 (Last Updated April 5th, 2021 14:03)
HydraWell has secured a multi-year contract from PSE Kinsale Energy, a unit of Malaysia’s Petronas, to support a major decommissioning project in Ireland.
HydraWell has secured a decommissioning contract from PSE Kinsale Energy. Credit: Hydra Well Intervention AS.
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HydraWell has secured a multi-year contract from PSE Kinsale Energy, a unit of Malaysia’s Petronas, to support a major decommissioning project in Ireland.
PSE Kinsale Energy intends to decommission the Kinsale Area gas fields located in the Celtic Sea, approximately 40km to 70km off the south coast of County Cork.
Developed between 1978 and 2003, the fields include Kinsale Head, Ballycotton, South-West Kinsale and Seven Heads gas fields.
KUALA LUMPUR (April 2): Petroliam Nasional Bhd s (Petronas) subsidiary PSE Kinsale Energy Ltd is said to have awarded a multi-year contract to Hydra Well Intervention AS to support PSE Kinsale Energy’s major decommissioning project in Ireland.
Hydra Well said in a statement on its website yesterday that PSE Kinsale Energy operates Ireland’s first gas fields off the Country Cork coast, with the field in production from 1978 until 2020.
Hydra Well, which did not specify the value of the contract, said the fields were Ireland s only indigenous source of natural gas until 2015 . We will implement our Perforate, Wash and Cement (PWC®) system, designed for specialist wellbore applications, on approximately 15 wells across PSE Kinsale Energy’s Celtic Sea assets as part of the two-year campaign. Our PWC® system provides a revolutionary solution to replace traditional plug and abandonment (P&A) and downhole tooling techniques.
Ireland’s energy supply is at risk of being “doubly disconnected” due to Brexit, Taoiseach Micheál Martin has been warned. The claim came from the Irish Offshore Operators’ Association (IOOA) in a letter to Mr Martin at the end of November.
The Programme for Government commits to a ban on new exploration for oil and gas off Ireland’s coast as part of efforts to fight climate change.
Mandy Johnston, chief executive of the IOOA, told Mr Martin: “In the case of any future gas supply emergency disruption, the UK will no longer be bound by current EU obligations to provide ‘solidarity’. It is our fear that Ireland is on the verge of being doubly disconnected, first from indigenous supply and then by Brexit.”