Decom Engineering has secured contracts worth £4.5 million ($6 million) in the first half of 2026, exceeding its original full-year target and putting the Aberdeen-based engineering specialist on track to achieve a record £6 million in annual revenue.

New contracts span North America, South America, Africa, the Middle East, Australia and the North Sea, covering subsea structural removal, chain cutting and new subsea asset deployment.

In Australia, the company completed a five-month subsea flexible flowline removal campaign for Cyan Renewables, using its TRACS-16 cutting and lifting tool to make more than 1,050 cuts and recover nearly 15 kilometres of subsea material.

Decom is also expanding operations in Brazil, Canada, West Africa and the Middle East, where a custom-built TRACS-32 system is scheduled to begin operations in the fourth quarter of 2026.

The company said its growing portfolio of cutting technologies is supporting rising international demand across the offshore energy sector.

Nick McNally, Decom Engineering Managing Director, said: “Decommissioning remains a core strength of the business, but installation work - supporting clients during the deployment of new subsea assets rather than only at the end of asset life - has become a significant part of our project pipeline.

McNally added:“Changing market conditions and better market alignment is one factor behind this year’s growth but this sits alongside a major overhaul of our product design, and a change in engineering culture with a focus on innovation, which allows us to be more responsive to customers’ requirements.”

Decom recently secured ISO 9001, 14001 and 45001 certification, which strengthens the compliance proposition for major operators, particularly in regulated markets.

Keith McDermott, Decom Engineering Chairman, cited a strategic change which allows clients to operate Decom equipment - with appropriate training provided - as a factor in improving scalability and extending the company’s ability to deploy its technologies more widely.

McDermott added: “We set a target of £4.3 million for 2026 and we have already exceeded that figure at the halfway stage, so expect to double our year-on-year revenue, and have a raft of work already secured for 2027. What is encouraging is that while our decommissioning legacy is a core element of our business, clients are increasingly recognising the value of engaging our technology and expertise much earlier in the lifecycle of an asset. We want to continue investing in our people, our equipment and our capability while making sure we deliver for every client. That’s a good position to be in and it gives us a great platform for the future.” -OGN/TradeArabia News Service