The cost reductions target for P&A operations in particular is set to 50 % compared to today`s technology (2020) including impact from revised standards and regulations, new operations and well barrier materials.
Well barrier know-how is a key for successful performance of several energy industries and the results will be applied for reconversion of petroleum wells for CO2 disposal, well integrity of geothermal wells and disposal of nuclear waste.
SWIPA is a platform for innovation, and strong interaction between project owner SINTEF and collaborating research partners NORCE, IFE (NTNU and UiS and key industry partners. This will generate spin-off projects and technology transfer possibilities for the industry. SWIPA is financed by Research Council Norway and operating companies, with a total budget MNOK 170 over the centre period of 8 years.