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01/04/2014

£2.5m Investment At Dundee Port

A total of £2.5m is to be invested in a new state-of-the-art rig repair and subsea fabrication facility at Dundee Port.

The 38,750sq ft facility, located on Princess Alexandra Wharf at the Port of Dundee, is expected to accommodate up to 50 full-time personnel, with the number increasing during specific projects.

In addition, those behind the investment, PD&MS Energy and specialist fabrication and engineering firm Harlen, have said the facility will manage offshore asset service works in excess of £8m in its first financial year.

It is understood the investment will see PD&MS provide a full concept to completion service, while Harlen will deliver fabrication services from the new facility.

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The new site will be optimised for rig repair and upgrades, vessel repair and mobilisations, large fabrications and general work across other energy sectors.

An initial investment of £1m has been made in the workshop, with a further £1.5m expected over the next three years.

Dave MacKay, Executive Chairman of PD&MS Energy, said: "The buoyant offshore market and our extremely robust order book have given us the confidence to invest significantly in these new premises as well as expanding our offering in the growing decommissioning sector.

"This new workshop offers more space to house our growing workforce and improved infrastructure, allowing us to gear up for further new business going forward."

Bruce Gill, Managing Director of Harlen, added: "This facility increases not just our physical capacity and capability in supporting PD&MS in the rig repair market, its quayside location will allow Harlen to extend its offerings in subsea equipment, topside module, accommodation modules and large-scale fabrication sectors."

(JP/IT)

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