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BIMCO to announces industry’s first offshore decommissioning contract

Logistic News - Published on Fri, 17 May 2019

Image Source: Bimco
BIMCO said that its Documentary Committee has approved an international standard contract for offshore decommissioning projects to provide a balanced set of terms and conditions to both parties in the process. The contract - DISMANTLECON – was approved at the Committee’s meeting in Athens on 14 May and will be released at the end of June along with guidance notes.

Mr Kees de Looff, Contracts Manager of Van Oord Marine Contractors, who chaired the project, said that “DISMANTLECON is a marine services contract designed to appeal equally to the party requiring removal of the structure and the marine contractors whose services they use. It fairly represents the interests of both parties by providing a balanced set of terms and conditions.”

The use of the contract is not limited to one particular type of facility or operation but can be used for removal of any offshore field architecture in the oil and gas sector. This includes pipelines, mattresses, manifolds, jackets, topsides, platforms and monopile structures, and for structures used in the renewables sector. The contract is not intended to cover disposal of the facility or Plug & Abandonment (P&A) work.

Grant Hunter, BIMCO’s Head of Contracts and Clauses, said that “DISMANTLECON is a simple template contract that can be amended and adapted to meet the needs of contract partners. It is designed to be scalable and can therefore be used for small to medium sized projects as well as for larger and more complex ones.”

Source :

Posted By : Rabi Wangkhem on Fri, 17 May 2019
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