More North Sea oil and gas work coming to the Port of Dundee boosted revenues for owner Forth Ports last year.
Port of Dundee
Oil giant Shell has confirmed that decommissioning work on the Curlew floating production (FPSO) vessel moored in Dundee has been halted.
Around £40 million will be invested into the Port of Dundee over the next three years in the wake of a major wind farm contract win.
The firm behind a multi-million pound investment to form a metal recycling facility at the Port of Dundee is hoping to start construction in January.
The majority shareholder in Forth Ports, which operates the Port of Dundee, has sold its stake.
Dundee’s bid to become a centre for large-scale oil and gas decommissioning projects was rejected because the approach to the port is “too shallow”.
Fledgling decommissioning firm Well-Safe Solutions has said that its onshore marine base will be located in the Port of Dundee.
Aberdeenshire-based company Oil Machinery (OilMac) has unveiled a new facility in the Port of Dundee as it looks to capitalise on decommissioning work.
The Port of Dundee has laid its cards on the table, as far as its attitude towards decommissioning is concerned.