THREE60 Energy, a leading independent energy service company, has received a multi-million-pound contract to deliver and support end-to-end decommissioning for multiple assets in the North Sea.
The contract was awarded by a major North Sea operator and covers both installation and pipeline operator scopes and initially includes three offshore assets with the option to include a further three over the six year period.
With its fully integrated services, THREE60 will deliver and support from the initial planning and regulatory compliance to project management, post cessation of production (CoP) operations, engineering preparation and infrastructure removal.
“We are proud to take on this significant multi-platform decommissioning scope, which reflects the growing demand for our fully integrated services,” remarked Walter Thain, CEO of THREE60. “We have co-created a specific service offering in conjunction with our customer which combines our unique capabilities to responsibly manage these projects, ensuring that we meet the highest environmental standards while delivering safe, efficient and cost-effective decommissioning.
Decommissioning is a key enabler of the energy transition within the UK and a huge export opportunity as other basins globally reach late life.”
