DNS Sharing Offshore Decommissioning Expertise with Brunei

Wednesday, June 17, 2020

Decom North Sea, a UK-based non-profit organization focused on knowledge sharing in the space of offshore oil and gas decommissioning sector, is expanding in Asia with a deal struck in Brunei.

DNS on Wednesday announced the creation of a "landmark agreement" designed to deliver a mutually beneficial relationship between Decom North Sea members and Brunei’s growing late-life & decommissioning sector.

"Darussalam Enterprise (DARe) was created to support the growth of small and medium Brunei local enterprises, and as the Southeast Asian offshore industry’s late-life and decommissioning phase begins to gather pace, the relationship with DNS represents a first for DARe in this particular sector," DNS said in a statement.

"Whilst typifying DNS’ fundamental objective to connect sector capability with opportunity, the agreement also reflects the ongoing strategy, led by its Decommissioning Leadership Group, to internationalize the knowledge and skills of its supply chain member companies," DNS said.

Will Rowley, interim Managing Director of Decom North Sea explains: “The UK North Sea is widely acknowledged to hold some of the most developed late life and decommissioning experience available. Consequently, there is a significant opportunity for the UK decommissioning sector to apply that capability on a global level; this is embodied by our collaboration with DARe.

“By sharing DNS’ unique tools, experience, and capabilities, our support will enable DARe to better understand and develop its local late-life and decommissioning supply chain. In exchange, DARe will allow DNS to establish potential platforms for further development in Brunei and the Southeast Asian region. This in turn will create valuable relationships between those DNS members who seek export development opportunities in the region and Brunei-based companies currently - and prospectively - active in the sector.”

Javed Ahmad, CEO of DAre said: “DARe is continuously seeking partners to help build the capabilities of our Micro, Small and Medium Enterprises (MSMEs). With its vast experience and capabilities in the D&R industry we believe DNS is an ideal partner, and we are optimistic that this collaboration will create new opportunities for its members and Brunei MSMEs to leverage, both within Brunei Darussalam and beyond.”
 

Categories: Energy Industry News Activity Asia Decommissioning Brunei

Related Stories

Eco Wave Finds Partner for Wave Energy Project in India

ADNOC Secures LNG Supply Deal with India's BPCL

Malaysia's Petronas Plans Job Cuts

CNOOC Starts Production at Offshore Oil Filed Equipped with CCUS Tech

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Sembcorp Signs 10-Year LNG Supply Contract with Chevron

Velesto Completes Removal of Wrecked Naga 7 Jack-Up Rig Off Malaysia

TotalEnergies Inks 15-Year LNG Supply Deal with China’s Sinopec

Petronas to Proceed with South China Sea Oil and Gas Exploration

Current News

Petronas Inks Two More PSCs for Bid Round 2024, Launches Round 2025

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Japan's Japex Shifts Back to Oil and Gas Investments

Tokyo Gas Enters LNG Market in Philippines

ONE Guyana FPSO En Route to ExxonMobil’s Yellowtail Field

SLB Names Raman CSO, CMO

Eco Wave Finds Partner for Wave Energy Project in India

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

ONGC and BP Sign Deal to Boost Production at India's Largest Offshore Oil Field

SOV/CSOV Shipbuilding Market: Strong Growth, Volatility in Coming 5 Years

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com