Increased decommissioning of offshore oil and gas installations could open up new work opportunities for some heavy lift service providers over the next decade. However, opinion varies over the likely scale of that business, with some observers suggesting much of the work is more likely to go to specialist engineering companies rather than general international heavy lift operators.
Another issue is that many of the vessels and much of the other equipment required for such operations are likely to be deployed on other offshore energy projects.
News article on 09 March 2023 by Phil Hastings from heavyliftpfi.com
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