AF Offshore Decom
AF Offshore Decom is a unit of AF Gruppen that provides engineering, dismantling, and recycling services for end-of-life offshore oil and gas installations, operating Europe's Environmental Base Vats facility to process large platforms with high materials recovery rates for North Sea operators and marine contractors.
- Company typePublic
- Founded1994
- HeadquartersOslo, Norway
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What AF Offshore Decom does
AF Offshore Decom is a specialized business unit within AF Gruppen ASA, a publicly listed Norwegian construction and engineering group (Oslo Stock Exchange: AFG), focused on the safe removal, transport, dismantling, and recycling of end-of-life offshore oil and gas installations. Its core capability centers on AF Environmental Base Vats, one of Europe's most modern reception facilities for decommissioned offshore installations, located on Norway's west coast. The site features a 200-metre custom skid track levelled with ±5mm precision to handle structures up to ~12,000 metric tonnes in a single lift, with patented lifting point installation methods developed for extreme-weather North Sea removals (notably the H7 platform). Recent flagship projects include the Eider Alpha topside disposal for TAQA UK, the Andrew Platform decommissioning for BP in partnership with Heerema Marine Contractors (HMC), and the Huldra A Disposal, which achieved over 98% steel recycling. AF reports target materials recovery of 97%+ and partners with a hydropower-powered electric arc furnace recycler whose process emits 85% less CO₂ than ore-based steel production (a 1.9-tonne CO₂ reduction per tonne of recycled metal).
The unit operates a project-based professional services model, generating revenue through multi-year, quote-driven contracts awarded via competitive tendering by offshore operators and marine contractors, with disclosed contract values described as ranging from multi-million to multi-hundred-million NOK. Customers include TAQA UK, BP, Heerema Marine Contractors, and Allseas. In April 2026, AF Gruppen acquired Claxton Engineering Services for ~NOK 800 million, adding proprietary surface and subsea riser equipment, approximately 400 employees, and international hubs in the UK, USA, Singapore, Australia, and UAE. The Claxton acquisition positions AF Offshore Decom for geographic expansion beyond the North Sea and entry into offshore wind installation and life-extension services, broadening its addressable market from oil & gas decommissioning into adjacent offshore energy infrastructure.
Revenue is recognized on a per-project basis as offshore removal, transport, dismantling, and recycling services are delivered; ancillary environmental services (Environmental and Reuse Assessments, Nature Restoration, Environmental Centres for contaminated bulk material) provide an integrated recovery and remediation layer supporting ESG outcomes. Within the AF Gruppen group, the Offshore business area grew 24% YoY in Q1 2026 with revenue reported at the consolidated group level (NOK 7,978 million in Q1 2026), and an order backlog of NOK 44,486 million at quarter-end.
AF Offshore Decom firmographics
Firmographics- Name
- AF Offshore Decom
- Legal name
- AF Gruppen ASA
- Website
- https://afgruppen.com
- Company type
- Public
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- AF Offshore Decom is a unit of AF Gruppen that provides engineering, dismantling, and recycling services for end-of-life offshore oil and gas installations, operating Europe's Environmental Base Vats facility to process large platforms with high materials recovery rates for North Sea operators and marine contractors.
- Ownership category
- akta.pro rank
AF Offshore Decom industry classification
Industry- Product category
- Offshore Decommissioning Services
- NAICS
- Hazardous Waste Treatment and Disposal (562211), Remediation Services (562910), Materials Recovery Facilities (562920)
- SIC
- Hazardous Waste Management (4955), Refuse Systems (4953)
- akta.pro primary industry
- Decommissioning & Site Restoration (Abandonment, Remediation) (EUAAAAAO)
- akta.pro secondary industries
- Decommissioning, Demobilization & Handover / Closeout (EUAEAJAI), Asset Recovery & Decommissioning (Derelict Vessels, Abandoned Property) (IMAJANAI), Solvent Recovery & Hazardous Waste Recycling/Reclamation (Distillation, Reuse) (BPALAFAH), Environmental, Waste & Emissions Control Systems (Wastewater, VOC Capture, Spill Response) (IMAJALAK)
Keywords
Where AF Offshore Decom is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices8 records
Markets served
AF Offshore Decom business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D
Revenue model
- Offshore Decommissioning Services: AF Offshore Decom generates revenue through project-based contracts for the removal, transport, dismantling, and recycling of offshore oil and gas installations. Revenue is recognized on a per-project basis as services are delivered. Contract values range from multi-million NOK for individual projects to multi-hundred-million NOK for large campaigns. AF Gruppen also reports Offshore as a business area with revenues growing 24% year-over-year in Q1 2026, though AF Offshore Decom specifically delivered weak results in that quarter.
- Environmental Base Operations: AF Environmental Base Vats serves as the onshore reception and processing facility for decommissioned offshore installations. Revenue is generated as part of the overall decommissioning service, processing materials for recycling including steel, marine growth (composted into topsoil), and hazardous waste treatment.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based decommissioning contracts — no standard pricing tiers |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
AF Offshore Decom product offering
Product offeringCore offering
AF Offshore Decom provides engineering, dismantling, recycling, and environmental services for offshore oil and gas decommissioning projects. The company handles end-to-end campaigns — from offshore removal and transport of platforms, topsides, and jackets, to reception and dismantling at AF Environmental Base Vats in Norway — delivering high materials recovery rates (target 97%+) with sustainable recycling outcomes.
Product overview
AF Offshore Decom operates as a specialized division within AF Gruppen, offering a comprehensive suite of offshore decommissioning and environmental services. The core offering centers on AF Offshore Decom's removal and recycling of offshore installations (platforms, topsides, jackets), supported by the AF Environmental Base Vats processing facility which achieves up to 97% materials recovery rates. The company also provides complementary environmental services including Environmental and Reuse Assessments, Nature Restoration, and operates Environmental Centres for contaminated material recycling. These services work together to deliver end-to-end decommissioning solutions—from initial assessment through dismantling, recycling, and environmental restoration—primarily serving the offshore energy sector in the North Sea and international markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Offshore Decommissioning Services (AF Offshore Decom) Comprehensive offshore decommissioning services covering engineering, removal, transport, dismantling, and recycling of offshore platforms, topsides, and jackets for oil and gas operators and marine contractors in the North Sea and international markets.
- AF Environmental Base Vats One of Europe's most modern reception facilities for decommissioned offshore installations, located in Vats, Norway. Handles reception, dismantling, and recycling of offshore structures with a target of at least 97% materials recovery, using custom precision skid track offloading systems.
- Environmental and Reuse Assessments Pre-demolition or pre-refurbishment assessments identifying hazardous substances and evaluating building components for potential reuse, ensuring regulatory compliance and sustainable outcomes.
- Nature Restoration Services Targeted actions to rehabilitate degraded or destroyed ecosystems, including pollution removal, contaminated soil remediation, and seabed sediment capping.
- Environmental Centres Environmental centres that receive contaminated bulk material and clean it in an environmentally sound manner, recycling up to 80% of bulk material that would otherwise have ended in traditional landfills. Goal is 100% reuse.
- Eider Alpha Platform Disposal Dismantling and disposal of the Eider Alpha platform topside (11,640 tonnes) for TAQA UK, including heavy-lift transport by Allseas' Pioneering Spirit and processing for recycling at AF Environmental Base Vats with a target of at least 97% materials recovery.
- Andrew Platform Decommissioning Engineering, preparation, removal, and disposal services for the Andrew Drilling Derrick and Articulated Arm in the UK sector of the North Sea for BP, in collaboration with Heerema Marine Contractors.
- Huldra A Disposal Removal and recycling of the Huldra platform for HMC, including safe handling and dismantling of approximately 10,000 metric tons of steel from topside and jacket, achieving over 98% steel recycling rate.
- AF Decom AS Demolition Services Demolition subsidiary of AF Gruppen offering removal and disposal of offshore installations, environmental remediation, and demolition services across Norway.
Quantifiable outcome
- 97% materials recovery rate on Eider Alpha topside disposal
- +4 more outcomes
Companies that use AF Offshore Decom
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
AF Offshore Decom technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
AF Offshore Decom partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and supporting.
- Claxton Engineering Services (Acquisition — forming part of Offshore business area)coreAF Gruppen acquired all shares in Claxton Engineering Services for GBP 63.5 million (~NOK 800 million). Claxton is a leading global provider of technology-driven services and advanced engineering capability, primarily within offshore decommissioning. It owns and operates a substantial fleet of surface and subsea risers and equipment used in offshore wind installation. Claxton operates facilities in Aberdeen, Great Yarmouth, Stavanger, Houma (USA), Singapore, Abu Dhabi, and Australia, with approximately 400 employees and average revenues of ~MGBP 82 (2023–2025). Claxton will operate as an independent business unit within the Offshore business area of AF Gruppen.
- Heerema Marine Contractors (HMC)coreAF Offshore Decom was awarded a contract by Heerema Marine Contractors for the onshore disposal of offshore facilities, including the reception, dismantling and recycling of three topsides and three jackets (~17,600 metric tonnes) at AF Environmental Base Vats. The long-standing collaboration enables AF to apply its experience in safe dismantling and responsible material recovery in a well-planned project. HMC's semi-submersible crane vessel (Sleipnir) transports structures to Vats. This builds on prior collaborations including Huldra A and Andrew Platform projects.
- AllseascoreAllseas' heavy-lift vessel Pioneering Spirit was used to lift the 11,640-tonne Eider Alpha topside in a single operation and transport it to AF Environmental Base Vats. The precision offloading operation required meticulous planning and a custom 200-metre skid track system. Allseas is a key strategic partner for large offshore removal campaigns.
- Metal Recycling Partner (undisclosed)supportingAF Offshore Decom sends recovered metal to a recycling partner whose process emits 85% less CO₂ than conventional ore-based production due to the use of hydropower as the energy source for electric arc furnaces. This partnership enables AF to achieve its sustainability targets and provide quantified CO₂ reduction metrics to clients (1.9 tonnes CO₂ per tonne of recycled metal).
- BP (Andrew Platform Project)supportingBP operates the Andrew oilfield in the UK sector of the North Sea. AF Offshore Decom, in collaboration with Heerema Marine Contractors, carried out the removal of the Andrew Drilling Derrick and Articulated Arm from the Andrew Platform. The scope involved engineering, preparation, removal, and disposal of structures for BP's decommissioning campaign.
Scale indicators12 records
Recent moves6 records
Expansion highlights6 records
AF Offshore Decom competitors and assessment
Company assessmentBroad incumbents
- Saipem: Italian-headquartered offshore engineering, drilling, and decommissioning contractor with significant North Sea and global presence. Comparable on integrated offshore removal services and competes with AF Offshore Decom on large-scale platform disposal tenders.
- Subsea7: Global subsea engineering, construction, and services company with significant North Sea operations in SURF (subsea, umbilicals, risers, flowlines) and increasingly in offshore wind. Comparable to AF Offshore Decom/Claxton's combined subsea and offshore wind capabilities post the Claxton acquisition.
- Wood Group (John Wood Group): UK-headquartered engineering and consulting group providing decommissioning planning, engineering, and project management services to North Sea operators. Comparable to AF Offshore Decom on the engineering, planning, and project execution dimensions of decommissioning campaigns.
- Veolia Environmental Services: Global waste management and hazardous waste treatment major with oil & gas decommissioning and industrial dismantling capabilities. Comparable to AF Offshore Decom on the onshore materials recovery, hazardous waste handling, and recycling dimensions, though Veolia is much larger and broader.
- Aker BP (Decommissioning Programs): A major Norwegian operator that runs its own decommissioning campaigns on the Norwegian Continental Shelf and procures services from AF Offshore Decom and competitors. Relevant as both a potential client and a benchmark for the North Sea decommissioning pipeline that drives AF Offshore Decom's backlog.
Others
- Allseas: Swiss-based heavy-lift and offshore pipe-laying specialist whose Pioneering Spirit vessel lifted the Eider Alpha topside and transported it to AF Environmental Base Vats. Allseas is a strategic partner rather than a competitor, but a critical comparable on the offshore removal side of the decommissioning chain.
- Heerema Marine Contractors: Lead marine contractor that lifts and transports offshore structures for onshore disposal. While a customer/partner of AF Offshore Decom rather than a head-to-head competitor, Heerema is the most economically linked peer given its role as the principal counterparty on AF's largest disclosed contracts (Huldra A, Andrew Platform, new 17,600-tonne award).
Direct peers
- Aker Solutions: Norwegian-headquartered offshore engineering and decommissioning services provider with significant North Sea exposure. Aker Solutions offers integrated removal, engineering, and recycling services that directly compete with AF Offshore Decom on tenders and is a key comparable in the same geography.
- Mammoet: Dutch heavy-lift and engineered transport specialist providing precision offloading, skidding, and dismantling services for offshore structures. Mammoet's capabilities in heavy-lift logistics and onshore handling overlap directly with AF Environmental Base Vats' precision load-in systems.
- Stena Recycling: Sweden-based metals recycling and industrial dismantling group with extensive hazardous waste and offshore-related decommissioning capabilities in Northern Europe. Directly comparable on materials recovery rates, recycling infrastructure, and ESG-positioning messaging.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
AF Offshore Decom social profiles
Digital presenceAF Offshore Decom financial estimates
Financial estimateRevenue estimate
Valuation estimate
AF Offshore Decom leadership team
Management profileNumber of profiles
Profiles3 records
AF Offshore Decom subsidiaries and ownership
Company hierarchySubsidiaries13 records
AF Offshore Decom funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AF Offshore Decom M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AF Offshore Decom
What does AF Offshore Decom do?
AF Offshore Decom provides engineering, dismantling, recycling, and environmental services for offshore oil and gas decommissioning projects. The company handles end-to-end campaigns — from offshore removal and transport of platforms, topsides, and jackets, to reception and dismantling at AF Environmental Base Vats in Norway — delivering high materials recovery rates (target 97%+) with sustainable recycling outcomes.
Is AF Offshore Decom a public or private company?
AF Offshore Decom is a public company. It is classified as public and is currently operating.
When was AF Offshore Decom founded?
AF Offshore Decom was founded in 1994. It employs 5,001 to 10,000 people.
Where is AF Offshore Decom based?
AF Offshore Decom is headquartered in Oslo, Norway, in the Europe region.
How does AF Offshore Decom make money?
Two revenue lines are on record. Offshore Decommissioning Services are the primary driver. The others are environmental Base Operations.
Who are AF Offshore Decom's main competitors?
Broad incumbents on record are Saipem, Subsea7, Wood Group (John Wood Group), Veolia Environmental Services and Aker BP (Decommissioning Programs). Others are Allseas and Heerema Marine Contractors. Direct peers are Aker Solutions, Mammoet and Stena Recycling.
Does AF Offshore Decom have an API?
No public API is recorded for AF Offshore Decom.
What industry is AF Offshore Decom in?
AF Offshore Decom's product category is Offshore Decommissioning Services. Its primary akta.pro industry code is EUAAAAAO, Decommissioning & Site Restoration (Abandonment, Remediation), with a secondary code of EUAEAJAI, Decommissioning, Demobilization & Handover / Closeout. Its NAICS code is 562211 and its SIC code is 4955.