Topic: Decommissioning

Claxton to acquire Oceaneering decommissioning assets

Region: All
Content Types: Report
Date: Mar, 2022

decom

Claxton, the lead brand of Acteon’s drilling and decommissioning segment, is set to acquire decommissioning personnel and assets from Oceaneering.

The agreement was signed recently with the anticipated closure date of 30 March, 2022. Certain staff in Norway will transfer to Claxton, along with decommissioning assets, including well and pile abrasive cutting and recovery systems and associated tooling. Also included in the deal are conductor drilling, pinning and cutting systems, diamond wires saws, dredges and various ancillary equipment items. This equipment will initially be deployed from Acteon’s bases in Norway, Dubai and Aberdeen.

In addition, Oceaneering is establishing a master services agreement where Claxton will provide services to support the company’s wider scopes. This could potentially include its multi-client Rig Chase decommissioning campaigns.

Sam Hanton, Acteon Drilling and Decommissioning Segment Managing Director, commented, “The deal will increase our capacity, the range of technologies at our disposal and our decommissioning expertise, and reinforce Claxton’s position as one of the leading global suppliers of offshore cutting services.”

Luke Pirie, Director of Offshore Projects Group, Oceaneering, added that the deal allows the company to strategically focus on its integrated solutions offering while ensuring access to decommissioning services through a partnership and the new master services agreement with Claxton.