AF Gruppen’s subsidiary AF Offshore Decom is becoming a member of forces with offshore decommissioning gamers Heerema Marine Contractors and Decom Energy to launch a brand new firm: Fairfield Decom.

SSCV Thialf transports part of decommissioned jacket to disposal yard. Source: HMC

Headquartered in Aberdeen, this new enterprise combines the data of an operator with the experience and capabilities of the offshore decommissioning contractors, AF Gruppen stated on Thursday.

Through this step, a singular late-life operations and decommissioning operator is created, offering an all-encompassing answer for offshore oil and fuel property, main within the UK Continental Shelf, the corporate added.

The firm famous that, with a mean £1.5 billion annual projected expenditure over the subsequent eight years, the UK Continental Shelf is the biggest of the worldwide offshore decommissioning markets.

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In the Thursday assertion, AF Gruppen additional stated: “Fairfield Decom represents a serious leap in the direction of a extra revolutionary and sustainable offshore decommissioning business. Customers will profit from a brand new enterprise mannequin, designed to cut back complexity and the variety of contractual preparations, ship operational effectivity, cost-effectiveness and predictability contributing to the 35% value discount targets set by the Oil and Gas Authority within the UK.”

According to the corporate, Fairfield Decom’s clients will profit by having direct entry to the experience, capabilities and property introduced collectively by way of AF Offshore Decom, Heerema Marine Contractors and Decom Energy, as Fairfield Decom is ready to handle, combine after which execute end-to-end late-life and decommissioning actions.

‘Next era decommissioning’

“This is what we name the subsequent era decommissioning,” the corporate stated.

The creation of the three way partnership is topic to approval of the Norwegian competitors authorities.

AF Offshore Decom is a specialised contractor that has been growing and executing options for the elimination and recycling of offshore installations for the previous 15 years.

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Heerema has over 50 years of expertise in transporting, putting in, and eradicating all sorts of offshore services, together with fastened and floating constructions in shallow, deep, and ultra-deep waters for the offshore oil, fuel and wind industries.

Decom Energy is the primary totally outsourced end-to-end late-life and decommissioning operator within the North Sea, with its subsidiary Fairfield Energy, well-advanced within the decommissioning of the Greater Dunlin Area.

Graeme Fergusson, Managing Director of Fairfield Decom feedback: ”We have constructed a robust enterprise relationship with AF Offshore Decom and Heerema as contracting companions within the Dunlin topsides elimination and as alliance companions for built-in decommissioning enterprise alternatives. The three firms have unmatched expertise in decommissioning and there’s nice alignment when it comes to our accountable method to enterprise and our core values. Our operator background imply that we perceive what the E&P neighborhood needs – an built-in answer that’s technically sturdy, commercially inventive and that delivers a secure, cost-effective and environmentally-sound answer.”

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Highlighting the significance of the brand new firm, Bengt Hildisch, Managing Director of AF Offshore Decom feedback: “AF Offshore Decom could be very happy to collaborate with companions who’re aligned with our objectives. The institution of Fairfield Decom represents an essential step change within the decommissioning enterprise mannequin. It responds to the decision from the UK regulator, the Oil and Gas Authority, to create new enterprise supply fashions to cut back complexity to assist the ‘subsequent era decommissioning’.”

In assist of the brand new enterprise, Koos-Jan van Brouwershaven, CEO of Heerema feedback: “Heerema is proud to be a part of this distinctive new enterprise. Three leaders within the international decommissioning market have joined forces, offering a wiser and cheaper method to…

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