A new oil rig repair and subsea fabrication facility is to be built at the Port of Dundee.
Aberdeen-based firms PD&MS Energy and Harlen have committed £2.5 million for the project which will manage offshore asset service works “in excess of £8 million in its first financial year alone”.
It will house 50 full time employees, rising to more than 260 people including contractors during specific projects.
An initial £1 million investment has been made in the workshop with a further £1.5 million expected over the next three years.
Port Manager Matt North said he is “delighted” with the new investment.
He added: “Dundee is quickly becoming known as the leading port in Scotland which provides a comprehensive and experienced supply chain to support all North Sea vessel calls for maintenance, repair and decommissioning. We will continue to work with both companies to attract further business to the Port and ultimately to secure further jobs for the city.”