Plans for the breakup of a rusty oil rig hull currently languishing in the waters off Shetland’s need to be carried out before it becomes an “eyesore”, according to the MP for the region.
Significant investment in ports and harbours over the past decade has established a “launch pad for expansion of the offshore energy supply chain” in the north, according to development agency Highlands and Islands Enterprise (HIE).
The delivery of a North Sea oil platform to Lerwick highlights the Shetland port’s status as a “centre of excellence” for decommissioning, a joint-venture has said.
Scotland’s first ultra-deep-water (UDW) port would have to secure 10 decommissioning projects to pay for itself, a flagship report said.
Dales Voe has been named as the preferred location for the UK’s first ultra deep-water port and has an approved planning application to increase the decommissioning capabilities on site, opening up a unique opportunity for North Sea operators in the region.
The taxpayers’ bill for developing facilities to create a North Sea decommissioning hub in Shetland could reach £100 million, the leader of the unsuccessful attempt to win the work for Dundee has claimed.
The boss at Lerwick harbour said building an ultra-deep-water port in Shetland would “fill a gap” in the UK decommissioning market.
Shetland’s hopes of securing a bigger slice of the multi-billion pound North Sea decommissioning market have received a boost.