Ocean Installer wins North Sea contracts for development and decommissioning projects
Why this news matters:
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The awards position Ocean Installer across both ends of the offshore asset life cycle, supporting new production growth at Balder Next while helping operators retire aging infrastructure in the Norwegian North Sea.
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Balder Next will add new tied-back production to the Jotun FPSO, underscoring continued investment in extending the value of existing offshore hubs.
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The TotalEnergies decommissioning project reflects the growing scale of North Sea retirement activity, with about 1,000 metric tons of subsea infrastructure slated for removal, recycling or reuse.



