The North Sea Transition Authority (NSTA) is providing vital support which will help four North Sea operators in their ambition to reduce their subsea decommissioning costs by 50%. CNR International, EnQuest, TAQA and TotalEnergies currently estimate they will have to spend £1 billion to decommission their UKCS subsea infrastructure over the next 15 years.
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Fife firms urged to act now to win work on upcoming decom project
An artist s impression of CessCon Decom s Fife facility.
“When you see an asset on the back of a ship, it’s too late.”
Fife firms are being encouraged to act now to become part of a decommissioning project coming to Methil.
CessCon Decom announced this month Energy Park Fife will welcome exploration and production firm Spirit Energy’s DP3 and DP4 platforms this year.
The project is expected to create between 30 and 50 new jobs.
Building a supply chain
Will Rowley, interim managing director of Decom North Sea, said the time was now for local firms to get involved.