Oil and gas services company Morrison has secured a contract for a turnkey decommissioning project in the deep waters of the Gulf of Mexico (GoM).
The contract has been awarded by oil and gas investment firm Hoactzin Partners.
Under the contract, Morrison will provide field decommissioning for the six structures within the Hoactzin facility.
It will be responsible for providing fully managed ‘end-to-end’ decommissioning services.
Morrison CEO Chet Morrison said: “What we can provide is extremely unique in that we are one of very few US contractors in the region with the portfolio of experience to provide full decommissioning management packages.
“We continue to establish trust and confidence with all parties, including regulators, demonstrating to the decommissioning industry our position as an industry leader.”
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By GlobalDataEarlier this year, Morrison hired industry expert Jon Minshall to advance its commitment to the decommissioning market.
Minshall stated: “Decommissioning obligations can put a strain on some operators’ liquidity, may become human resource-challenging, and often requires a significant corporate focus.
“By providing services for all phases of total field decommissioning, we can relieve operators of the inevitable, sizeable workload and financial burden of these facilities.”
Morrison is an energy service company engaged in delivering integrated infrastructure solutions to customers in the oil and gas, as well as renewables industries.