A new decommissioning facility is to be established in Dundee following a deal between the port authorities and Augean North Sea Services (ANSS).
The specialist waste manager says the 25,000sq ft scheme is in response to the growing North Sea decommissioning market, a multi-billion pound programme to deal with hundreds of redundant offshore assets, which is expected to be active for more than 20 years.
The facility, opening in early 2017, will complement Forth Ports’ ’ultra-heavy lift’ decommissioning quayside, which is planned to be fully operational by the end of next year.
The £10m expansion of the quayside was announced by Forth Ports in 2016.
Charles Hammond, chief executive of Forth Ports, said: “This is another significant announcement for the Port of Dundee and we welcome Augean to the port.
”This waste management facility, coupled with our multi-million pound investment in a new quayside, is important for the port, which is ideally placed to service the immediate needs of the North Sea oil and gas decommissioning sector.
“The port’s proximity to the skill base in Dundee, along with unrivalled land space and quayside strength, makes it the logical choice for large-scale decommissioning in Scotland.”
Simon Gibb, ANSS managing director, said: “This is fully in line with our strategy of providing complete waste services for the North Sea and follows successful completion of our first decommissioning projects in 2016.”
Dr Stewart Davies, chief executive of the Augean parent company, called it an exciting development but it would not affect company results for the current financial year or 2017.