Brunei Agreement Reinforces Decom North Sea Internationalisation Plan

Decom North Sea (DNS), the only membership organisation dedicated to the oil and gas decommissioning sector, has announced the creation ...

Facebook
LinkedIn
X

Decom North Sea (DNS), the only membership organisation dedicated to the oil and gas decommissioning sector, has announced the creation of a landmark agreement which is designed to deliver a mutually beneficial relationship between its 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.

Subscribe to our daily newsletter

Why? Free to subscribe, no paywall, daily business news digest.

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 internationalise the knowledge and skills of its supply chain member companies.

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 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 commented: “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.”

Related Articles

OEUK responds to launch of UK Government’s Clean Power 2030 Action Plan
New subsea partnership strengthens services offering
Aberdeen energy firm exits north sea oil, sells UK licenses for up to £134 Million
Major new study uncovers greatest safety leadership risks facing energy sector
Energy Institute spotlights outstanding students with annual competition
Pioneering Scottish floating offshore wind farm project hits major milestone

Other Articles from ABN