Fairfield Decom recognises the importance of decommissioning to the UK Oil & Gas industry landscape, which is why we have leveraged our core strengths and capabilities to create a fully integrated solution to manage, integrate and then execute the entire scope of ultra-late life operations purely with decommissioning in mind.
A New Industry Solution
Through the delivery of fit-for-purpose business and finance models Fairfield Decom can ensure that the right assets are in the right hands at the right time to best manage ultra-late life operations and decommissioning. In doing so, we also enable Operators to focus resources on their core E&P business activities.
Fairfield Decom represents a new kind of decommissioning delivery business model established to reduce complexity and the number of contractual arrangements, and to ensure operational efficiency and cost effectiveness. We believe that only specialist decommissioning companies with the capability to take on late-life operations prior to an asset’s Cessation of Production (CoP) can fully access these efficiencies. This process ensures a better understanding of the technical challenges, enables the initiation of upfront decommissioning work scopes whilst the asset is still producing, and results in a more economically efficient outcome.
Fairfield Decom is determined to be part of the movement to establish a thriving decommissioning hub in Scotland. We provide full integration of the decommissioning lifecycle from late-life operations and project management, through wells plugging & abandonment, make safe & preparation activity, subsea infrastructure and topsides removal, onto recycling and site remediation.
Heerema and AF Offshore Decom have worked collaboratively in the North Sea for over 15 years and the addition of Decom Energy with its operator and JV management expertise gained at the Greater Dunlin Area ensures that the full decommissioning lifecycle is provided by one company.
Innovative Commercial Models
With our shared knowledge and lessons learned, we know what works and what doesn’t. We not only offer technical, commercial and stakeholder engagement excellence, but financial strength and commercial flexibility.
Fairfield Decom fully understands that funding for decommissioning projects may compete with exploration, development and production enhancement investment decisions. We also appreciated that the availability of financing is important to enable decommissioning projects to reach the execution phase. To this end, we have invested significant time discussing these requirements with the financial community and have developed a range of commercial options. We’re confident that our creative commercial solutions will give the industry the confidence to make decommissioning decisions at the right time.
Want to know more about Fairfield Decom?
We have a range of ways you can get in touch and find out more about Fairfield Decom. Use the link below to go to our contact page – we look forward to hearing from you.