Decommissioning News

 

New Decommissioning Hub in Aberdeen to Create Up to 50 New Jobs

Aug 25, 2022

CessCon Decom,  a Scotland-based firm specializing in decommissioning of oil and gas structures, plans to launch a decommissioning hub at the Port of Aberdeen’s £400 million South Harbour expansion in Q3 2022, creating up to 50 new jobs.The new hub will be located within Crathes Quay at South Harbour and deliver dismantling, recycling, and reuse services with a key focus on subsea infrastructure. The jobs boost is expected over the next 12 months…

Aurelius Backs Ardent Buyout

Sep 19, 2019

Alternative direct lender AURELIUS Finance Company has provided financing to support the buy-out of emergency management and offshore decommissioning company Ardent from co-owners Svitzer, a global towage operator, and Crowley Holdings, a holding…

Sapura Energy Wins Contracts in Mexico, Malaysia

Nov 21, 2018

Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion (USD 410 mln).The new contracts have lifted the company’s…

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