Wednesday 21 September 2016

Decommissioning is expected to assume greater significance in Thailand’s oil and gas industry as the kingdom enters its fourth decade as a producer. Ageing infrastructure, particularly those located in the Gulf of Thailand, and a gradual depletion of petroleum resources could nudge the sector to take the first steps towards dismantling some of these installations.

According to the Ministry of Energy’s Department of Mineral Fuels (DMF), some of the production facilities in the Gulf of Thailand have been operating since the 1970s.

“Generally in the Gulf of Thailand, the offshore platforms look fine and are quite new, less than 20 years old,” Supat Napanoparatkaew, director of Engineering and Standards in the Facilities Engineering Group, Petroleum Technology and Operations Supervision Bureau of the DMF told Rigzone.

DMF indicated that there are around 450 offshore platforms in Thailand. Of these, just under 18 percent or around 80 of these platforms have been in operations for more than 20 years, while a few have exceeded 40 years.

More - http://www.rigzone.com/news/oil_gas/a/146700/Thail...