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We are InvestFife. Our goal is to bring enterprise in Fife together and help promote our Kingdom as a destination to grow and succeed in business.  Our encompassing services provide information, reassurance and support to help you invest or grow your business.  InvestFife offers a one-stop solution for all your investment queries.  Our dedicated and responsive team are waiting to help you grow your business vision today.

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Fife benefits from a flourishing economic landscape represented by several key sectors. From SMEs to multinational brands, the opportunity to invest in the Kingdom of Fife has never been greater. There are currently 9000 businesses currently operating in Fife, and we are primed and ready to welcome and support the next enterprise to invest in our Kingdom.

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Cesscon

InvestFife Case study

CessCon Methil Image

OVERVIEW

In January 2021, CessCon Decom announced that it had been awarded Scotland’s largest decommissioning contract to date, with the creation of up to 50 jobs in Fife.

The facility at Energy Park Fife, Methil, was a couple of years in the making, as work was undertaken to create a functioning environment for decommissioning activities, which included the upgrading of the quay and the development of a new dismantlement area.

The contract is for the onshore decommissioning, dismantlement, and recycling of Spirit Energy’s Morecambe Bay DP3 and DP4 facilities in the East Irish Sea, which were removed by Allseas’ Pioneering Spirit vessel, and involves the processing of up to 23,000 tonnes of material.

CessCon Decom secured this contract as a direct result of a competitive tender process.

CessCon Methil Image

APPROACH

CessCon Decom engaged with InvestFife and Scottish Enterprise during the planning and the licensing phases of the facility.

An investment through the Scottish Government’s Decommissioning Challenge Fund and Fife Council’s the Vacant and Derelict Land Fund was secured to support the development of the Energy Park Fife Decommissioning Facility, which included the upgrading of the quay and development of the dismantlement area, in a bid to secure major projects within this key growth sector.

InvestFife’s Planning Team was able to help secure and improve the site as well as support the local supply chain to benefit local businesses and communities.

 

NEXT STEPS

With the market for oil and gas decommissioning forecast to reach £15.2 billion over the next decade, there is huge potential for the Scottish, as well as Fife supply chain, to capitalise on this opportunity and to continue to develop its world class capabilities.

Currently, CessCon Decom is fielding a significant number of enquiries, which poses huge opportunities. If these come to fruition, CessCon will need to expand its decommissioning facility, with the creation of more jobs.

https://www.cesscon.com

Why Fife?

“We were delighted to be selected by Allseas and Spirit Energy to provide onshore decommissioning, dismantlement and recycling services at our new decommissioning facility in Methil, Fife. Work is underway to dismantle and recycle the platforms, with a reuse and recycling target of 98 per cent (by weight) of all materials, in line with our circular economy strategy.”

“Getting to this point has very much been a team approach. We’ve worked closely with InvestFife and Scottish Enterprise to secure the site, and to get it ready, enabling us to bring larger structures to be decommissioned and dismantled.”

“The pipeline of new contacts is looking promising, and we envisage the facility to be fully utilised on an annual basis for the next 10 to 20 years. We are currently assessing the potential acceleration of our expansion plans to meet this demand.”

Lee Hanlon, CEO of CessCon Group

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