Engineering company PD&MS Energy and fabrication and engineering firm Harlen Fabrication are set to invest £2.5m into a new rig repair and subsea fabrication facility in a Scottish port.
The 38,750ft² facility on Princess Alexandra Wharf at the Port of Dundee is expected to house up to 50 full time personnel, which could rise to as many as 260 during specific projects.
According to PD&MS Energy, approximately £8m of offshore asset servicing work is expected to be handled at the site during its first financial year in operation.
The facility was earlier based in neighbouring Prince Charles Wharf and is said to be optimised for rig repair and upgrades, vessel repair and mobilisations, fabrications and general work across other energy sectors.
The companies have made an initial £1m investment in the workshop and plan to invest a further £1.5m over the next three years.
PD&MS Energy executive chairman Dave MacKay said: "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."
The company also plans to secure new office space in Aberdeen to house up to 400 personnel.
Harlen managing director Bruce Gill said: "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 the subsea equipment, topside module, accommodation module and large-scale fabrication sectors."
Image: From left, Dundee Port manager Matt North, PD&MS executive chairman David MacKay and Harlen Fabrication managing director Bruce Gill. Photo: courtesy of PD&MS Energy.