Decommissioning company to set up base in Port of Dundee

An Aberdeen-based decommissioning company will locate its new onshore marine base in the Port of Dundee.

Well-Safe Solutions, which was formed in July, specialises in the decommissioning of underwater wells.

The company will make the announcement later at the Offshore Decommissioning Conference in St Andrews.

It has secured two acres of quayside facilities with access to 40,000 sq ft of covered space at the Port of Dundee for its marine assets.

Fort Ports, which owns and operates the Port of Dundee, is spending £10m extending a quay to handle large loads involved in decommissioning work.

A draft agreement was signed in August between Forth Ports and major contractor AF Offshore Decom to prepare for future work.

Well-Safe Solutions said the port will provide it with direct access to deep water quaysides, heavy lifting capabilities, and dedicated warehouse space.

The company said it will work alongside AF Offshore Decom, waste management specialist Augean North Sea Services (ANSS), and other decommissioning specialists.

The firm's chief executive Phil Milton, said: "We have chosen the Port of Dundee because of the critical mass of decommissioning companies already based here and the facilities on offer.

"We are looking forward to fostering a strong partnership with Forth Ports.

"Personally, I'm very pleased to be able to bring business to the community in which I started out.

"Dundee continues its ongoing development, growing its economy and introducing new businesses with a proactive, refreshing, can-do approach."

The company has made a commitment to attract £200m in investment and increase its workforce to 400 in the next three years.

Forth Ports chief operating officer Stuart Wallace said: "Well-Safe Solutions will not only be a huge asset to the Port of Dundee, but will also provide an economic boost to the Dundee area."