Decommissioning specialist, CessCon Decom Ltd, has set its sights on setting up a scrapping facility at the Energy Park Fife in Methil.
The company, which is a new Scottish-based division of the Norwegian firm, CessCon Decom AS, has signed heads of terms with Scottish Enterprise and Fife Council.
The company said it was “fitting” for the numerous oil rigs that were built in the Methil yard to be returned for decommissioning.
Cesscon Decom Ltd said it is ready to make a “multi-million pound” investment to create an area fit for dismantling with water collection and treatment facilities.
The development could see the return of much needed jobs for the area following redundancies at the BiFab yards in Methil and Burntisland.
CessCon Decom Ltd CEO, Lee Hanlon said, “We have been working extensively with Scottish Enterprise and Fife Council to secure the site at the Energy Park Fife.
“The aim is to develop an east coast facility in Scotland to complement our existing European facilities, adding to the expansion of our decommissioning services in the UK, Europe and Asia.
“The Energy Park Fife facility is advantageously located to accommodate the substantial North Sea decommissioning market and it is very fitting that assets that were constructed and commissioned at the Energy Park some 20 or 30 years ago, might return to be decommissioned and recycled, creating a true circular economy, and bringing employment opportunities to the Fife area.”
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