AF Group bags major offshore demolition contract…

Norwegian specialist company gets green light on Norpipe H7-platform demolition.

The AF Group has been awarded a Letter of Intent with Statoil, on behalf of Gassco as operator, regarding removal and recycling of the Norpipe H7-platform.

The platform is located at the German continental shelf of the North Sea, and has been a part of the pipeline which exports gas to Europe. The Letter of Intent covers planning, engineering, removal and demolition of the installation. The Letter of Intent also includes an option to decommission a similar platform, B11.

Environmental Base Vats on the west coast of Norway – said to be Europe’s most modern decommissioning facility for
decommissioned offshore installations – will be used as decommissioning site. The site is Europe’s most .

The basic contract value is approximately $53 million (NOK 420 million). A condition for the contract is a final decision by the ownership Gassled on the implementation of the removal project.

The work will start immediately, and is planned to conclude by the end of 2016.

Read more here.