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Maersk's new decommissioning venture now has a name

The new offshore venture established between Maersk Supply Service and Maersk Drilling now has its senior management team in place as well as a name. The new partnership will partake in an expected billion dollar market to decommission rigs.

Photo: Maersk Drilling

Maersk Supply Service and Maersk Drilling now has a name as well as a senior management team in place for their joint venture to decommission end-of-life drilling rigs.

The new company will be named Maersk Decom, and according to a press release, there has so far been growing interest from potential customers in areas including the North Sea, where more than 400 fields are expected to cease production ahead of 2026.

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