Rosyth manufacturer Oceaneering has unveiled plans for a £1.6 million project to upgrade its subsea cable plant.
The new project, which is supported with a £400,000 grant from the Scottish Enterprise, aims to add capacity for the production of subsea power cables for Scotland’s offshore wind sector.
The manufacturing facility has been operating in Rosyth since 1999, providing subsea communication, power and hydraulic umbilicals to fixed and floating offshore oil and gas facilities.
Gillian Martin, Cabinet Secretary for Climate action and Energy visited the company’s dockside site to hear more about the project.
She said: “Scotland’s growing offshore wind industry is creating opportunities, delivering jobs and attracting major investment across the country.
“Oceaneering’s project exemplifies the kind of high-value, future-focused investment wind that we want to attract – supporting the development of cutting-edge technologies for the global energy transition and helping to build a fair, green and growing economy for Scotland.”
The immediate project will make use of existing manufacturing equipment onsite for the initial phase of research and development.
Once the product has been designed and certified, the company is set to invest in new equipment and machinery for added project capacity.
Shaun Roedel, Senior Vice President of Manufactured Products at Oceaneering added: “We anticipate that this funding will enable us to make critical investments that will drive job creation in and around Rosyth.
“By leveraging our strategic location for the UK offshore floating wind market, we can develop and strengthen our local supply chain and reduce logistical complexities. This will enhance efficiency and directly support our commitments to sustainable and responsible operations.”
Oceaneering unveils £1.6m subsea cable plant upgrade appeared first on Energy Live News.