Updated
Updated · Ocean News & Technology · May 22
Unity Wins Multi-Million-Pound North Sea P&A Deal as APAC Expansion Lands First Projects
Updated
Updated · Ocean News & Technology · May 22

Unity Wins Multi-Million-Pound North Sea P&A Deal as APAC Expansion Lands First Projects

4 articles · Updated · Ocean News & Technology · May 22
  • A multi-million-pound North Sea contract will see Unity deliver full plugging-and-abandonment services for a global operator, with inspection work already underway.
  • Recent investment in well intervention tools helped win the work and a broader batch of business, including three contract extensions, two master service agreements and a 15-well thru-tubing scope.
  • Stuart Slater has relocated to Perth as Asia Pacific region manager, and Unity has already secured its first handful of projects supporting mature assets in Australia and Malaysia.
  • Unity is adding 17 staff this year and has named four senior hires as it pushes international growth from a base of more than 1,000 wells maintained and 300 abandonment wells completed.
With new rules forcing oil companies to pay for cleanup, is Unity poised to profit from a new era of environmental accountability?
Unity is exporting its North Sea expertise to Asia, but can a model built on strict UK rules succeed in different regulatory environments?
As oil well cleanup becomes a $10 billion industry, can one company's technology truly tackle the global methane crisis from orphaned wells?