Well-Safe Solutions today announced it will be moving headquarters following a landmark contract win and acquisition of its first asset.
The decommissioning company, set up in 2017, has invested several million in its new headquarters at the C4 Gateway Business Park, Cove, Aberdeen, having outgrown its facility at Hill of Rubislaw.
Established to provide a unique Tier 1 well abandonment service, Well-Safe Solutions is on-track to deliver its ambitious plans, having acquired a semi-submersible drilling rig – the Well-Safe Guardian and been awarded a contract to decommission up to twenty-one wells on the Schooner and Ketch fields in the UKCS, operated by DNO North Sea (ROGB) Limited.
Graeme Murray, Legal & Commercial Director at Well-Safe Solutions, commented “This has been an exciting journey and we are now ready to take the next step towards growing the business.
“We are delighted to have found an ideal building that will give our employees a great working environment. It also will give us very quick access to our Dundee marine base, and with the new Aberdeen Western Peripheral Route (AWPR), it will be much easier for all our employees to travel to and from the site.”
The facility has the capability to house more than 200 people over two floors, with Well-Safe Solutions initially taking over the top floor with the option to expand downstairs giving sufficient capacity to accommodate continued growth over the next five years.
Mr Murray added: “This significant investment demonstrates the company’s desire to become a global leader in the well decommissioning space. “
The company is gearing up for further contract awards and is in the final process of selecting a number of assets that it will purchase to enhance its complete well plug and abandonment package offering.