John Lawrie Metals Ltd (JLM), of Aberdeen, is to build an oil and gas infrastructure decommissioning facility in Montrose.
Announcing a 12-year lease for the site, Montrose Port Authority (MPA) said the new operation on the harbour’s South Quay would help meet demand in the North Sea.
Waste management and environmental permits from The Scottish Government will allow the facility to handle and process all types of materials produced during decommissioning.
MPA highlighted direct quayside access, together with “ease of discharge and handover of client materials” as major selling points for the site.