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Ardent moves away from decommissioning to refocus on salvage

Ardent has announced it will refocus its business strategy away from decommissioning towards its core business of emergency management and wreck removal. The company will also move its headquarters from Houston to IJmuiden in the Netherlands, where new CEO Oliver Timofei and CFO Jens Jaeger are based. 

The company did not go into details about why it’s moving away from decommissioning. It only stated that these moves will help “to continue the positive momentum experienced in emergency management and wreck removal over the last 4 years and make Ardent more customer-centric.”

Ardent will continue to provide its Global Preparedness Cover offerings as well as its OPA90 SMFF services for the USA. All of Ardent’s four major response hubs in the Netherlands, USA, Singapore and Australia, as well as its offices in Korea, Brazil, South Africa and the UK, will be there to serve its customers, the company writes in a press release.

Oliver Timofei, CEO, who previously served as Vice President Emergency Management, comments: “Ardent is well-positioned to build its position as one of the global, market-leading emergency management and wreck removal companies. We have over the last two years successfully executed on average over 25 major cases per year. We will continue to build our expertise and services within this space to effectively serve our clients within the maritime world, as well as develop new relationships in the oil and gas sector. Ardent is committed to successfully execute all current decommissioning projects in the implementation and going forward will focus selectively on subsea and decommissioning projects that fit with Ardent’s core business”.

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