Affordable Subsea Pile Cutting & Extraction System

With considerable growth of Offshore & Marine Renewable Energy along and progressive withdrawal of Offshore Oil & Gas infrastructure, decommissioning will become one of tomorrows most important marine industry topics. Subsea decommissioning is technically complex, the operating environment is challenging and technologies often underperform. As a consequence, the risk that decommissioning bonds are not sufficient to cover the cost of operations risks placing additional liabilities onto governments, and the site developers. The need for new technologies and solutions which are reliable, repeatable and low-risk whilst also reducing cost against the solutions of today has never been greater. Marine consultants, Safeguard Nautica have developed a novel concept for a device capable of cutting and recovering subsea piles which eliminate the need for expensive surface and submarine assets. In a Proof of Market study, funded by InnovateUK under the SMART competition, the company will perform early consultation activities with industry bodies and end-users focusing on taking the concept into a development phase with a sharp focus on affordability and value.

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