Jobs hope for Nigg yard
It was announced yesterday that Global Energy Group is the preferred bidder for the Nigg yard in Easter Ross, which is being earmarked as a major energy sector hub.
Efforts to reopen the yard, which once employed more than 5,000 people, have been thwarted for years by a wrangle over complex ownership issues and land-lease conditions.
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Hide AdTwo-thirds of the 238-acre yard is owned by KBR, a US engineering and construction company, which also has a 30-year lease with the Wakelyn Trust, which owns 76 acres.
KBR recently pulled out of a potential 150 million plan to develop Nigg as a manufacturing base for the offshore renewables industry.
It is envisaged that Global will take over the yard by April after buying out KBR and securing a 60-year lease with the Wakelyn Trust. It will then start a major redevelopment of a key site in the Scottish Government's national renewable infrastructure plan.