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Decommissioning Policy for Oil and Gas Operators

We offer risk solutions to operators for the process of decommissioning oil rigs for oil and gas operators.
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Many oil and gas production facilities from the last 50 years are reaching the end of their operating life. The industry has embraced new technologies to extract hydrocarbons with increasing efficiency to extend production, yet it remains the case that in the forthcoming decade there will be a steep increase in the number of offshore platforms requiring decommissioning.

Our Solution

We have solutions throughout the lifecycle of your assets including a Decommissioning Policy that is designed to provide a clear coverage during the key dismantling phase for both operators (principals) and their contractors. Please download our brochure for details.

Our Experience

We have worked on more than 25 large-scale decommissioning projects all around the world,including:

  • Fixed platforms/pumping platforms/bridges and flare stacks.
  • Loading buoys.
  • Subsea templates/pipeline end manifolds (PLEMs).
  • Structurally compromised offshore platform.
  • Floating platform storage and offloading (FPSO) vessel and subsea structures.
  • Rig to reef removals.

Decommissioning for Operators

For more information on our Decommissioning Policy, download our brochure or contact us directly.

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Our people

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Jane Smith

Head of Energy and Power, Pacific

This publication is not intended to be taken as advice regarding any individual situation and should not be relied upon as such. The information contained herein is based on sources we believe reliable, but we make no representation or warranty as to its accuracy. Marsh shall have no obligation to update this publication and shall have no liability to you or any other party arising out of this publication or any matter contained herein. LCPA 23/496

“Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”