Yard hopes work will be confirmed shortly

BiFab - on the verge of a major contract.
BiFab - on the verge of a major contract.

BOSSES at the Burntisland Fabricators (Bi-Fab) base in Methil hope they may get confirmation this week of a major oil contract.

Premier Oil has already indicated that the Levenmouth yard will be involved in a major North Sea project, although talks are still continuing before the deal is finalised.

Several other firms are included in the operation, which could see Bi-Fab build components for Premier Oil in the Solan field, situated on the UK continental shelf west of Shetland.

The Methil workforce could be engaged in the construction of a topside and a jacket for part of the scheme.

Premier Oil hopes its field will produce around 40 million barrels of oil, with an esitmated initial production rate of 24,000 barrels a day, beginning in late 2014.

The venture will involve the drilling of four sub-sea wells tied back to a processing deck, supported by a jacket, with drilling likely to start in the second quarter of 2013.

A previous statement from Premier Oil said: “It is expected that the packages for the procurement and fabrication of the topsides and jacket will be awarded shortly to Burntisland Fabricators.