iQx™ to assist Centre of Decommissioning Australia with reducing well decommissioning costs

Published on
March 25, 2021
A large semi-submersible offshore platform glowing with orange lights against a deep blue dusk sky and calm ocean water.

General

iQx™ to assist Centre of Decommissioning Australia with reducing well decommissioning costs

Last week saw the establishment of the Centre of Decommissioning Australia (CODA) by the Perth-based NERA - National Energy Resources Australia. #CODA is a collaboration across the energy industry to address the challenges and maximise the opportunities of #decommissioning Australia’s aging #oilgas infrastructure.

We're honoured to add significant value to CODAs ambitions of !!reducing decommissioning costs by 35%!!

Combining the probabilistic planning of our #P1™ application with the 30+ years operational experience of our mother company, AGR, leads to deeper understanding of the #risks and #costs associated with decommissioning projects.

In other words - we #makelifeeasier for #drillingengineers.

Read the full story here.

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