Scotland business

BiFab contract creates 100 jobs

Oil workers
Image caption The BiFab contract is one of a number awarded to UK companies as part of the Cygnet project

Fife firm, Burntisland Fabrications (BiFab), has secured a £47m contract and says it will create 100 new jobs.

The contract is for work on the £1.4bn Cygnus gas field project, off the east coast of England.

BiFab will build platform jackets and will carry out the work at Methil, Burntisland and at Arnish, on the Isle of Lewis.

Last week, the firm secured a contract to build an oil production platform for a field to the west of Shetland.

The Cygnus field lies in an area of the southern North Sea to the north-east of Norfolk, and east of Hartlepool.

As one of the biggest gas finds in 25 years, it is expected to supply 5% of UK demand.

Centrica, parent of British Gas and Scottish Gas, owns nearly half the field, with partners GDF Suez and Bayerngas.

The developers believe the project could create 1,000 jobs directly, with 3,000 further indirect jobs. They said 80% of the spending will be with UK suppliers.

BiFab is one of a number of UK companies to benefit from initial contracts worth £375m.

Scottish Enterprise chief executive, Lena Wilson, said: "This announcement from BiFab is fantastic news for Scotland's oil and gas sector."

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