AquaTerra Group secures significant seven-figure decommissioning contracts

AquaTerra Group, an integrated services provider based in Aberdeenshire, has achieved a major milestone with four significant decommissioning contract wins, accumulating to a seven-figure sum. These projects, scheduled between 2023 and 2025, mark a substantial increase in the company’s decommissioning portfolio.

Expanding Partnerships and Project Scope

While AquaTerra has long been involved in late life and decommissioning services, this past year has been particularly pivotal. For the first time, the company was subcontracted by the Dutch offshore contractor, Allseas, marking a significant step in their partnership. AquaTerra is tasked with supporting the EPRD project on Enquest’s Heather Alpha platform, providing comprehensive services including engineering, fabrication, access, and construction to facilitate underdeck preparation for topside removal.

Further strengthening its industry presence, AquaTerra has also collaborated with TAQA on the Cormorant Alpha platform, where it successfully removed underdeck obstructions to prepare for topside removal. This successful engagement led to another subcontract with Wood, rekindling a professional relationship after several years for additional work on the same platform.

AquaTerra Group secures major seven-figure decommissioning contracts, enhancing its portfolio and setting ambitious targets for future growth.

Innovative Solutions and Industry Recognition

AquaTerra has leveraged its proprietary technology and equipment, such as QuikDeck, a modular suspended access platform, to secure its first decommissioning contract with another leading operator, focusing on conductor decommissioning. This innovative approach not only showcases AquaTerra’s capabilities but also strengthens its position in the competitive decommissioning sector.

Stephen Taylor, Managing Director of AquaTerra Group, expressed his enthusiasm: “The team and I are delighted that we were selected by Allseas through what was a competitive tendering process for the Enquest and TAQA projects. This is also the first time that we have worked with Wood in several years, so it is great to be supporting them again.”

Setting High Targets and Future Growth

With these new projects, AquaTerra is ambitiously aiming for a £14 million turnover by 2024. The company’s proactive approach in tendering for larger and more complex decommissioning projects is already setting the stage for achieving this target. In recognition of its exemplary work, AquaTerra was a finalist in the ‘Best Lifting Operation’ category at the LEEA awards in 2021, further solidifying its reputation in the industry.

Founded in 2004, AquaTerra Group has consistently delivered high-quality multi-discipline construction, maintenance, and inspection services to the energy, infrastructure, and marine industries. The company’s track record and recent contract wins underline its expertise and commitment to excellence in an increasingly competitive market.