Hefty investments and lengthy contract wins have put Brimmond Group in a “strong financial position” from which to ride out the latest oil industry downcycle, bosses said.
While the UKCS continues to thrive, with oil production in 2018 the highest since 2011, news of the launch of Fairfield Decom is also evidence of the evolving decommissioning market.
A Norwegian yard owner and a Dutch heavy lift crane vessel operator have signed the contract to decommission a UK North Sea platform.
Dutch heavy lift crane vessel firm Heerema Marine Contractors has won the contract to remove the Dunlin Alpha topside in the UK North Sea.
North Sea oil firm Fairfield Energy has applied for permission to leave the huge concrete legs of the Dunlin Alpha platform in the North Sea.