THREE60 Energy, a leading independent energy service company offering complete asset life cycle solutions, has been awarded a multi-million-pound contract by a Major North Sea Operator to provide duty holder services to deliver and support end-to-end decommissioning for multiple assets in the North Sea.
The contract was awarded to THREE60 following a competitive tender process and forms part of one of the North Sea’s most ambitious decommissioning programmes. The contract 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.
THREE60 has established a solid track record in delivering end-to-end decommissioning services in recent years, successfully managing a range of complex projects across various geographies and asset types. 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, leveraging the expertise from its multi-discipline team. This ability to coordinate all elements of a decommissioning project under one service provider has proven to be the key differentiator for THREE60 and is invaluable to clients looking for streamlined, reliable solutions.
“We are proud to take on this significant multi-platform decommissioning scope, which reflects the growing demand for our fully integrated services,” said 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.”
THREE60’s scope of work will commence immediately and will span a period of six years, all elements of the project will be delivered by the Aberdeen-based team.
