Decom Engineering is toasting a trio of contracts worth £400,000 ahead of opening its new Aberdeen base in coming weeks.
The company has this week deployed two of its pipeline cutting saws to the Asia Pacific for a six-month campaign to remove seabed pipelines up to 100metres deep in the Gulf of Thailand.
That has followed work at “one of the UK North Sea’s most northerly platforms” and a well abandonment contract at the Kinsale gas field in the Celtic Sea off Ireland.
The firm said the trio of contracts consolidates a strong performance in 2021 and is in the process of tendering for other “significant awards”, which would propel the business forward for next year.
It comes as Decom Engineering, established in 2011 in Northern Ireland, has invested £200,000 to establish a new operational base near Aberdeen which will open in the coming weeks with a technology showcase.
The firm specialises has developed a series of cold cutting saws which can perform a “clean cut” through 2-24 inch materials in harsh conditions for decommissioning projects.
Chief executive Sean Conway said: “We have had an extremely busy and successful final half of 2021 with lots of strong interest in both our cutting tools and our Pipeline Coating Removal technologies.
“This has been sealed with landing our largest-value cutting project to date, and if all goes to plan in the Gulf of Thailand, we expect this will create more opportunities.
“With the imminent opening of our new facility in Aberdeen, located on the doorstep of a strategically important North Sea client base, and further investment planned for extending our equipment fleet, we are very much looking forward to taking the business to new levels of activity in the year ahead.”