Shipowners' organisation Bimco has drawn up the industry's first offshore decommissioning contract.
The aim is to provide a balanced set of terms and conditions to both parties in the process.
The contract, known as Dismantlecon, will be released at the end of June.
“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," said Kees de Looff, contracts manager of Van Oord Marine Contractors, who chaired the project.
