The BBC has reported that Burntisland Fabrications (BiFab) has secured a £145 million North Sea oil and gas contract with Premier Oil which will bring around 350 jobs to the Fife area.
The contract involves BiFab constructing both a 3500 tonne topside module and 8000 tonne jacket for Premier Oil’s Solan development west of Shetland. BiFab will create structures for the platform at its Methil, Burntisland and Arnish yards, as Premier Oil develops its Solan oil field, west of Shetland.
The Solan field is expected to produce about 40 million barrels of oil, with an estimated initial production rate of 24,000 barrels of oil per day from the fourth quarter of 2014.
The contract is due for completion in April 2014 and will create a total of 350 jobs, with around 40 being based at BiFab’s Arnish yard on the Isle of Lewis.
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