Maersk closes oil rig dismantling unit


AP Moller – Maersk is closing down its oil rig dismantling business launched in 2018.

Named Maersk Decom, the company was launched as a 50-50 joint venture between Maersk Drilling and Maersk Supply Service.

According to Maersk Decom’s website, the company is set to close after transferring responsibility for the Banda Tiof project in Mauritania to Petrofac in April. The project was Maersk Decom’s latest engagement.