Over the next five years, Petrobras is expected to retire at least 26 units, with a projected investment of US$ 9.8 billion allocated towards decommissioning activities. Just a few months ago, the oil and gas giant announced the adoption of a new policy mandating the recycling of vessels only in facilities equipped with dry-docks or impermeable surfaces with drainage systems. This off the beach stance places the company among an increasing number of responsible ship owners, including competitors SBM Offshore and Shell, that are choosing facilities with infrastructure enabling the safe and environmentally sound management of their end-of-life assets.