Industry Standard Decom Contract Drafted

Monday, May 20, 2019

Law firm HFW said it has helped shipping association BIMCO draft an industry standard offshore decommissioning contact.

The contract – DISMANTLECON – has been approved by BIMCO's Documentary Committee and will be released at the end of June, along with guidance notes. It can be used for removal of any offshore field architecture, including pipelines, mattresses, manifolds, jackets, topsides, platforms and monopole structures.

HFW, which also recently helped BIMCO draft its first cyber security clause and two clauses relating to the International Maritime Organization's 2020 sulphur emission rules, said it is the only law firm on BIMCO's drafting subcommittee for the DISMANTLECON contract. Its team is led by global shipping head Paul Dean and partner Tom Walters.

Categories: Contracts Offshore Decommissioning Regulations

Related Stories

MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

More to Consider than CO2 in CCS Leakage Risks

Noble Completes $360M Sale of Five Jack-Ups to Borr Drilling

Current News

TGS Gets Another OBN Acquisition Job in North Sea

Glamox to Provide Lighting for Van Oord’s Subsea Rock Installation Vessel

Floatel Firms Up Accommodation Rig Contract with Brava Energia off Brazil

Rovtech, Unique Group to Expand ROV Reach to Middle East and Asia

Subscribe for OE Digital E‑News