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PD&MS Energy, the Aberdeen-based oil and gas engineering group with more than 200 staff, has undergone a secondary buy-out backed by Inflexion.
PD&MS Energy and Harlen are investing £2.5m in the creation of a 39,000 sq ft oil rig repair and subsea engineering centre at the Port of Dundee, with the creation of up to 50 jobs.
PD&MS Energy is looking to create at least 50 new jobs at its Aberdeen-based oil and gas engineering business over the next year.
PD&MS Energy is planning to create up to 27 new jobs over the next two years, having secured a One North East grant to expand its Teesside-based offshore engineering design services business.