Decom Engineering surpasses annual target as global demand drives record growth

The performance reflects growing international demand for Decom’s specialist cold cutting technologies and engineering expertise, offshore and onshore, across not only decommissioning scopes but an increasing number of installation and commissioning projects.

Projects have been secured across North America, South America, Africa, the Middle East, Australia and the North Sea, ranging from chain cutting projects, to large-scale subsea structural removal and in supporting the deployment of new subsea assets.

In Australia, Decom completed a subsea flexible flowline removal campaign with renewables specialist Cyan Renewables, deploying its TRACS-16 cutting and lifting tool to make 1051 cuts and recover almost 15 km of subsea material over a five-month campaign.

The ultra-light C1-16 Chopsaw is proving its worth on a variety of projects - two are permanently deployed on mooring chain cutting scopes offshore Brazil, while in the UK North Sea another is engaged on a 60-day campaign cutting chains and risers on an FPSO, and several rental deals are in late stage negotiation.

In Canada, a summer-long East Coast installation campaign is underway using the C1-16 UL Chopsaw, with follow-on campaigns already slated for 2027 and 2028.

Another chain cutting project for an FLNG operator offshore West Africa is underway, while in the Middle East, Decom has developed a custom-built TRACS-32 unit that will be ready to start work in 4Q26, with some manufacturing taking place locally as part of Decom’s global-to-local internationalisation strategy.

An expanded range of tools - developed to meet specific client demand - is underpinning the growth. The C1-16UL Chopsaw is the flagship tool for chain cutting and removal, the lighter and more nimble ROV-deployable C1-10 Chopsaw has greater manoeuvrability and deeper operating capability, while the TRACS-32 is capable of handling heavier pipeline removal scopes.

Decom Engineering managing director, Nick McNally, said: “Decommissioning remains a core strength of the business, but installation work - supporting clients during the deployment of new subsea assets rather than only at the end of asset life - has become a significant part of our project pipeline.

“Changing market conditions and better market alignment is one factor behind this year’s growth but this sits alongside a major overhaul of our product design, and a change in engineering culture with a focus on innovation, which allows us to be more responsive to customers’ requirements.”

Decom recently secured ISO 9001, 14001 and 45001 certification, which strengthens the compliance proposition for major operators, particularly in regulated markets.

Decom Engineering chairman Keith McDermott cited a strategic change which allows clients to operate Decom equipment - with appropriate training provided - as a factor in improving scalability and extending the company’s ability to deploy its technologies more widely.

McDermott added: “We set a target of £4.3 million for 2026 and we have already exceeded that figure at the halfway stage, so expect to double our year-on-year revenue, and have a raft of work already secured for 2027.

“What is encouraging is that while our decommissioning legacy is a core element of our business, clients are increasingly recognising the value of engaging our technology and expertise much earlier in the lifecycle of an asset.

“We want to continue investing in our people, our equipment and our capability while making sure we deliver for every client. That’s a good position to be in and it gives us a great platform for the future.”

Read the article online at: https://www.oilfieldtechnology.com/special-reports/17072026/decom-engineering-surpasses-annual-target-as-global-demand-drives-record-growth/