Burntisland Fabrications Ltd (BiFab) has announced that it has been successful in securng a contract for the £1.4 billion Cygnus Project which will develop the sixth largest gas field in the UK Southern North Sea.

The Scottish fabrication company is one of a number of UK companies to benefit from initial contracts worth £375 million. The BiFab contract covers the award of the design, procurement and construction of four jackets, complete with piles, with a total weight of approximately 8,000 tonne and an estimated value of £47 million.

The project will involve BiFab’s manufacturing facilities at Methil, Burntisland and Arnish and is expected to create 100 new jobs.

Scotland remains a global leader in financial services excellence says Swinney

Co-operative Development Scotland (CDS) has helped create 30 new businesses in 2011/12 – equalling last year’s record performance – according to its annual report.

Carr's Milling Industries PLC today announces investment within its Food Division to develop the first new Flour Mill in Scotland for over 30 years. The initiative will be undertaken at its Kirkcaldy site on the Firth of Forth.