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Other sources of information
Industry forums :
Following the establishment of PILOT in 1999, a North Sea Decommissioning
Forum was established, recognising the likelihood for substantive
decommissioning activity with the low oil price of the day. Although, this
became subsequently defunct, some of the associated forums remain. There is
a Decommissioning Technology Forum, (DTF) and The Early Decommissioning,
TEDs group.
The TEDS group (The Early Decommissioning Synergy group) was initially an
informal meeting place for operators on the UKCS involved in decommissioning
of disused facilities, and was later extended to include operators on the
NCS. It was set up in response to the OSPAR 98/3 Decision and the purpose is
to share experiences and discuss co-operation on non-competitive issues.
The TEDS group was initiated in a meeting in London in December 1998 and has
met regularly 2 or 3 times a year in Aberdeen or Stavanger. Operators
involved in decommissioning are welcome to join these informal meetings. UK
and Norwegian authorities also attend to discuss information on
decommissioning issues.
In 2006, PILOT established a Decommissioning Steering Group to specifically
target decommissioning issues. The group has been successful in several
areas, including consultation on the Energy Bill in 2008, the issue of
decommissioning securities and the new
DSA,
the new
Well
Decommissioning Guidelines, and identifying key technical / supply chain
delivery issues.
Guidelines and documents:
Decommissioning Security
Agreements (DSA)
DSA - This is the industry standard agreement (executed as a deed)
providing for decommissioning liabilities of oil and gas field developments.
It is consistent with and links with the standard industry JOA. It
identifies the liabilities of the parties and how these should be secured
against default. Developed for all parties to a field development, including
the Secretary of State, it can also be used for bilateral arrangements. This
links with the Decommissioning Cost Estimation Guidelines.
DSA Guidance Notes - This comprehensive guide provides the background
to the Decommissioning Cost Provision Deed (DCPD) and advises on different
options available. The expert views of the broad range of companies involved
in generating the DCPD are distilled into this document. As well as a
diverse group of operating companies, this includes the Law Debenture Trust
and HMRC.
DSA Joint Opinion from Senior Legal Counsel on Initial Draft 2007 - The
initial advice from senior legal counsel Gabriel Moss, QC and Mark Arnold on
how to protect decommissioning trust funds from any more general insolvency
creditor.
DSA Senior Legal Counsel Opinion Following Energy Bill 2008 (two
papers) - This advice from Mark Arnold involves both the assessment of how
the protection from the Insolvency Act, arising from the Energy Act 2008,
works and the recommendation to amend the DCPD in light of this.
Events and conferences:
Regulatory and industry bodies:
Regulatory Bodies:
Industry / Other Bodies:
Last updated 14th May 2009
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