Xodus Group said it has appointed Enrico Salardi as its decommissioning director to lead the company’s ‘decom division’ which was formed in 2015.
Salardi brings to the role more than 20 years’ experience in the management of oil and gas assets, joining Xodus from operator Quadrant Energy where he was senior project manager for a number of decommissioning programs in Australia.
Throughout his career, Salardi has managed many projects in various phases of their lifecycle around the world, including Italy, Nigeria, Norway, Libya, Croatia, Egypt and Australia. After more than 15 years working for Italian supermajor Eni, he joined Apache in Perth, Australia where, besides decommissioning work, he also managed a number of new development projects.
“Xodus has been ahead of the game when it comes to decommissioning, from advising governments to strategic planning,” Salardi said. “I am joining a very experienced team that has worked on managing processes and the execution of work on many assets in the North Sea and around the world.
“I hope my knowledge will add to this and provide the team with an insight into what challenges the operators are facing and how we can help ease the demanding process of decommissioning, including reducing associated costs.”
As several assets in the North Sea reach the end of their lifespan, the latest cost estimate from the Oil and Gas Authority has predicted the cost of decommissioning the UKCS oil and gas infrastructure is £59.7 billion with an ambitious goal of completing this work for less than £39 billion.
Xodus’ integrated capabilities cover the entire offshore decommissioning process from facility design to project execution and long-term monitoring.
Salardi will work alongside Xodus’ decommissioning lead, Peter Tipler, who will continue to focus on delivering the innovation, collaboration and strategic solutions that are required to reduce the overall cost of decommissioning. He helped form Xodus’ decom division which has undertaken more than 100 decommissioning projects globally ranging from M&A due diligence and commercial advice, to training and detailed planning and approvals for decom execution.
Tipler recently helped Xodus deliver a decommissioning ‘trend survey’ to Japanese government organization JOGMEC (Japan Oil and Gas and Metals National Corporation) to provide oil and gas companies in the country with a better understanding of the decommissioning process and how to manage their global asset and abandonment liabilities.
Wim van der Zande, CEO of Xodus Group, said, “Enrico has vast experience of working at all stages of an asset’s lifecycle and his recent work in directly managing a decommissioning project will provide our team with valuable insight of an operator’s perspective. He will bring his learnings from global decommissioning projects to our key areas, including the North Sea, which we hope will lead to further cost savings for our clients.
“As we’ve shown over the last few years, Xodus is a trusted advisor in decommissioning. Our team can apply its deep understanding of decommissioning from execution of projects globally to focus on the key drivers that materially impact the overall cost for operators.”