Maersk’s Offshore Decommissioning Joint Venture Folds

Maersk Decom, the offshore decommissioning joint venture between Maersk Drilling and Maersk Supply Service, is shutting its doors and offloading its only active project.

“Maersk Decom has transferred its responsibility for the Banda Tiof project in Mauritania to Petrofac, effective from April 2022. With this Maersk Decom has no further commitments and the company will close down,” the firm said in a statement on its site.

View entirety: Maritime Executive