AF GRUPPEN AFG NON-REGULATORY PRESS RELEASES

Awarded new EPRD contract in the North Sea

15. July 2026 kl. 10:00

AF Gruppen has, through its subsidiary AF Offshore Decom and in a consortium with Heerema Marine Contractors (HMC), been awarded a contract for the engineering, preparation, removal & disposal (EPRD) of a North Sea platform on the UK Continental Shelf. This marks the second contract awarded to the consortium within a short timeframe.

The scope of work includes removal of the topside facilities, weighing approximately 38,500 tonnes.

The offshore platform surveys will commence immediately, followed by detailed engineering and offshore preparatory works to be performed within the next six years.

The topsides will be removed in a multi-year removal campaign by HMC’s vessels and transported to AF Environmental Base Vats for onshore dismantling, recycling & disposal within the next eight years.

“This contract is a testament to the strength of the consortium and our significant North Sea track record delivering safe and efficient EPRD solutions for large and complex North Sea installations. We look forward to beginning this important work, both offshore and onshore, which is rooted in our core capabilities, with our consortium partner HMC and in close cooperation with our client”, says Lars Myhre Hjelmeset, EVP Offshore at AF Gruppen.

For further information: CEO AF Gruppen, Amund Tøftum, tel. +47 920 26 712 EVP Offshore AF Gruppen, Lars Myhre Hjelmeset, tel. +47 970 39 084