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PD&MS Energy, Harlen investment in new facility in Dundee

ABERDEEN, United Kingdom -- PD&MS Energy and Harlen have committed $4.2 million (£2.5 million) of investment towards a new state of the art rig repair and subsea fabrication facility in one of Scotland’s premier ports.
 
The 38,750 sq ft facility on Princess Alexandra Wharf at the Port of Dundee is expected to house up to 50 full time personnel, rising to upwards of 260 including contractors during specific projects, and manage offshore asset service works in excess of $13.3 million (£8 million) in its first financial year.
 
The investment allows PD&MS to provide a full concept to completion service with the support of Harlen, who will deliver fabrication services from the new facility.
 
Previously based in neighbouring Prince Charles Wharf on a short-term lease, the new, larger facility is optimised for rig repair and upgrades, vessel repair and mobilisations, large fabrications and general work across other energy sectors. An initial $1.7 million (£1 million) investment has been made in the workshop with a further $2.5 million (£1.5 million) expected over the next three years.

03/31/2014

 

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