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

ONGC Plans Major New Indian Oil Reserve

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Oil Climbs on US-Iran Deal Uncertainty

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

SLB to Support Kuwait Oil's AI and Digital Tech Initiative

Petronas Unit Probes Cause of Fire at Offshore Platform in Malaysia

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Inpex Faces Threat of Broad LNG Loading Ban as AU Labour Dispute Deepens

Current News

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

ONGC Plans Major New Indian Oil Reserve

LNG Tankers Resume Hormuz Crossings Amid Tensions

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Oil Surges 3% on Renewed US-Iran Strikes

Offshore Vessel Pair Ordered from Grandweld Shipyard

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