Aberdeen company offers innovative approach to offshore equipment supply, decommissioning projects

ABERDEEN, United Kingdom -- Cardno’s Crossovers Limited provides a variety of equipment and services, including drill pipe crossovers, to the oil and gas sector by offering innovative rental buy back and capping options to save clients thousands of dollars, in a bid to address the current downturn in the sector. 

The company is also actively sourcing equipment which is currently unavailable or obsolete but required to undertake decommissioning projects in the North Sea. If this equipment is not made available, companies could incur large and unnecessary decommissioning costs.

Based in Newmachar, Scotland, Cardno’s Crossovers was established in 2015 and a brave step for Director James Cardno given the current industry downturn; the company ethos, however, is to offer savings and address challenging financial situations. Having worked in the oil and gas industry for over 13 years, Cardno saw the potential savings to be made, which benefit the sector now more than ever.

“It makes good commercial sense for us to offer buy back and rental capping options as they provide security for our clients giving them reassurance of how much they are paying, and it gives us greater flexibility on the equipment we have available to rent out, such options are not widely promoted to the operators,” Cardno said.

“Decom Offshore have stated that approximately £58 billion will be spent on North Sea decommissioning projects over the next 10-15 years and the regulator is pushing for premature decommissioning on assets that are producing less than 2,500 bopd, this places Cardno’s Crossovers in an ideal position to assist companies with their equipment requirements,” Cardno continued.