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Malin moves forward with Well-Safe Solutions with new agreement

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02 September 2020

Malin Marine, a Scottish marine engineering company, has secured a Master Services Agreement (MSA) with Well-Safe Solutions Limited for the provision of Engineering, Naval Architecture, Shipping and Fabrication Services.

Well-Safe Solutions have recently set out their commitment to invest £200m in bespoke assets in the next 3 years, with an innovative approach to meet the challenges and regulatory imperatives around decommissioning. Malin Marine Services, a new business unit of the Malin group, combine the heritage and expertise that Malin is known for, with creativity and a drive to develop best practice within the industry. This new agreement will enable both companies to work together to have a real impact in this exciting area of marine engineering.

Ben Sharples, Director, Malin Marine: "We have been working with Well-Safe for many months now, on a range of services focused on their Well-Safe Guardian semi-submersible decommissioning rig. The significant effort and activity through all levels within Malin, especially during this challenging period, has been excellent, as has the relationship we have built with Well-Safe and their partners in a relatively short window. We are delighted to be associated with such a progressive Tier 1 contractor.

Phil Milton, CEO, Well-Safe Solutions: "The execution of this MSA with Malin Marine allows Well-Safe Solutions to progress works on the Dive Spread system and deliver our unique offering of a bespoke decommissioning service from a single asset to our clients.