Not long after Decom Engineering secured work in Australia’s nascent decommissioning sector, the UK-based company has appointed Nick McNally as its new Managing Director to steer its global growth ambitions.
The appointment was announced on the website of the Centre of Decommissioning Australia, or CODA, reflecting its significance to the nation’s decommissioning efforts.
“This is an exciting new stage for Decom as the business evolves from a highly respected niche engineering firm into a globally recognised technology partner,” said McNally in a statement.
“With new markets opening up, and recent contract wins in Australia, Brazil and the Gulf of Mexico, the opportunities ahead are considerable and my focus will be on building the infrastructure, capability and culture to meet that growth head-on.”
McNally, who has served as Decom’s Commercial Director since 2019, takes up his new role at a key time for the company as it steps up international expansion and technological innovation in the decommissioning sector.
His appointment reflects the Aberdeen-based company’s strategic focus on scaling operations, expanding into new markets, and strengthening its position as a leading provider of patented cutting technologies to the global energy industry.
Under his leadership, Decom succeeded in rolling out a new ultra-light chopsaw with improved cutting performance, which has seen the C1-16UL deployed across complex subsea projects in various challenging offshore environments.
The company has been buoyed by recent project wins in Australia.
Last year, it executed three market-entry Australian contracts to strengthen its position within the Asia Pacific region, including the deployment of its chopsaw cutting technologies on behalf of a major operator in the Bass Strait alongside two other clients in Australian waters.
Together, the contracts amounted to more than UK£500,000.
Decom is now actively progressing ISO certification alongside additional IP coverage and is looking to expand its workforce from 16 to over 25 staff within the next 18 months, with new roles across engineering, operations and business development.
“With international demand growing and increasing interest in our cutting technology, we’re focused on scaling responsibly, strengthening our systems, investing in our people and remaining agile, which enables us to move into new markets such as offshore wind and onshore decommissioning,” said McNally.
As well as the Australian market, the company is also chasing emerging business opportunities in North America, with demonstration events planned for the United States later this year as it evaluates potential partnerships and future growth.
