First Minister to visit Global Energy Group at Nigg Energy Park this morning

Alex_Salmond_(crop)This morning (Friday 2nd May) First Minister Alex Salmond will visit Global Energy Group at Nigg Energy Park.

Global Energy Group owns the 238 acre port at Nigg on the Cromarty Firth. They are leading subsea fabricators and inspection/repair contractors to the oil & gas industry. For renewables, Global are now developing their capability to produce foundations for offshore wind turbines and tidal and wave devices.

Boasting one of the finest dry docks of its kind in Europe, the facility can accommodates both semi-submersible and jack-up rigs, including FPSO’s to carry out major repair, maintenance, enhancement and conversion projects.

Turnover grew from £250 Million to £358 Million to the year end March 2013, with earnings before interest, tax, amortisation and depreciation (EBITDA) at £34.5 Million, compared to £16.9 Million in 2011/12.

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