AF Offshore Decom Signs New North Sea Decommissioning Contract

5 January 2026
Edited By: Kadesha Dsilva

AF Offshore Decom, a company within AF Gruppen, has signed a contract with Ithaca Energy for the engineering, receipt, dismantling, and recycling of a floating production platform from the UK sector of the North Sea.

(Image credit: AF Offshore Decom)

The facility has a total weight of approximately 23,000 metric tons and will be received at AF Environmental Base Vats in 2026. Contract value is in the range of NOK 225–275 million excluding VAT.

“We are very pleased to have been awarded this contract by Ithaca Energy. The award is a recognition of our track record and continued commitment to delivering sustainable decommissioning solutions, also for large floating assets,” said Lars Myhre Hjelmeset, EVP Offshore at AF Gruppen.