Offshore

AF Offshore Decom secures Ithaca floating platform recycling contract

AF Offshore Decom signed a NOK 225–275 million contract with Ithaca Energy to dismantle and recycle a 23,000 t floating production platform from the UK North Sea in 2026.

Photo source: AF Offshore Decom

5, January 2026
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AF Offshore Decom, a company within AF Gruppen, has signed a contract with Ithaca Energy covering engineering, receipt, dismantling, and recycling of a floating production platform from the UK sector of the North Sea.

The facility has an estimated total weight of about 23,000 t and is scheduled to be received at AF Environmental Base Vats in 2026. The contract value is in the range of NOK 225–275 million, excluding VAT.

Lars Myhre Hjelmeset, EVP Offshore at AF Gruppen, says the award reflects the company’s track record and its continued focus on delivering sustainable decommissioning solutions, including for large floating assets.

Tags: decommissioning, North Sea, Offshore engineering, recycling

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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