02/12/2024

Subsea Specialist J+S Subsea Lifts Decommissioning Award

Decom Mission member, J+S Subsea’s Legacy Locker initiative was recognised for excellence at a high-profile industry decommissioning event this week.

J+S Subsea received the OEUK award for Excellence in the Supply Chain, which was sponsored by the North Sea Transition Authority.

The Legacy Locker is an open industry portal for the reuse, refurbishment, and recycling of subsea equipment. With much of the existing offshore infrastructure now beyond its design life, the initiative offers a fresh, sustainable, and collaborative approach to this challenge.

It allows companies to realise the economic value of existing, unwanted capital equipment by providing a platform to reuse, repurpose, and remanufacture subsea equipment.

J+S Subsea Executive Chairman Matt Blair accepted the award from Pauline Innes, Director of Supply Chain and Decommissioning at the North Sea Transition Authority.

He said: “The Legacy Locker has been refining its circular economy model for nearly eight years, so it’s great to see it recognised for its ongoing success.

“It is a dynamic marketplace that delivers solutions for owners of obsolete equipment, as well as those looking to overcome supply and support challenges and extend the life of assets.

“It contributes to the industry’s increased competitiveness, innovation, and growth. The cost-effective scheme also aligns perfectly with OEUK’s supply chain principles, supporting sustainability through rigorous environmental, social, and governance (ESG) reporting.”