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Suspended Well Abandonment Tool News

06 Oct 2014

Infographic Guide to North Sea Well Abandonment

Claxton, an Acteon company, has released an infographic guide to well abandonment costs in the North Sea. Released on the eve of the Oil and Gas UK Offshore Decommissioning Conference, held annually in St Andrews, Scotland, to discuss decommissioning in the region, the infographic highlights the costs operators are facing as they plan future campaigns. Abandonment cost reduction is an area where Claxton helps operators in the North Sea and beyond, via a proven suite of rigless technology. Claxton has experience in platform well abandonment and conductor recovery, having completed the world’s first rigless platform well abandonment in 2003. More recently, Claxton carried out the first rigless recovery of a stuck BHA for Maersk on the Tyra East field.

02 Mar 2012

Acteon Appoints Punnett as President of OIS

Offshore Installation Services (OIS) Ltd., an Acteon company, has appointed Jeremy Punnett to global president. He will be based in Aberdeen, UK, at Acteon’s Tern Place facility. Punnett joins OIS from Bibby Offshore, where he oversaw business planning and strategic development. He will be responsible for continuing the evolution of OIS’s successful project management and specialist installation services. “We are seeing increasing client demand for specialist installation and project management capabilities to support the services of the collective Acteon group companies,” said Bernhard Bruggaier, Acteon executive vice president. “The appointment of Jeremy as president will continue to build OIS’s ability to meet this need.