North-east firm SeaEnergy is pushing ahead with its plans to move into the offshore wind farm support business.
The firm, run by former oil and gas man Steve Remp, has been given £88,510 from Scottish Enterprise to help fund detailed design and tank testing work on a new offshore support vessel.
The cash will be matched by £345,190 of the firm’s own investment in its so-called X-Bow® based vessel system.
SeaEnergy, which describes itself as focused on growing oil and gas and renewable-energy businesses, said it had been working closely Scottish Enterprise over the past year and a half to help deliver its ambitious growth plans.
This latest support is in addition to grants awarded in May 2010 from Scottish Enterprise Innovation Support Scheme, which have been received over the past year and a half.
Steve Remp, SeaEnergy’s chairman said: “We’re very grateful to Scottish Enterprise for its support of our emerging SeaEnergy Marine business.
“These grants have helped to de-risk investment, drive development and allowed us to pursue near term commercial opportunities for our vessel system.”
Scottish Enterprise director of company growth, Linda Hanna, said: “We’ve worked intensively with SeaEnergy to help deliver its ambitious growth plans.
“SeaEnergy is a forward thinking, innovative company which has demonstrated a real desire to be successful and we’ll continue to work with them to accelerate their growth.”
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