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Decommissioning opportunities for suppliers

Industry Insights

Decommissioning opportunities for suppliers

According to Energy Voice, the UK North Sea is poised to dominate global decommissioning spend over the next 5 years, and it is estimated £15.2 billion will be spent on decommissioning UKCS assets over the next decade.

On 21 October, Malcolm Wilson, Achilles Ambassador, presented at the TotalDECOM online conference on oil and gas supply chain decommissioning opportunities for suppliers in the region.

Read Malcolm’s 3 top tips for suppliers wanting to access opportunities in oil and gas decommissioning.

3 tips for suppliers

  1. Access contract opportunities for decommissioning in oil and gas through the Oil and Gas Europe Forward workplans.
  2. Buyers are using the Achilles Oil and Gas Network to source and prequalify suppliers for these opportunities so it’s worth ensuring your product codes are up to date with the right decommissioning commodity codes.
  3. Decommissioning in offshore oil and gas is a high risk for suppliers in terms of health and safety. Putting your business through an Achilles HSE audit provides buyers with confidence that you meet the international standards of IOGP 423.

Watch the recording from the TotalDECOM online conference to learn more about opportunities for suppliers in the UKCS.

Watch the recording

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