MP adds support as yard buyer hunt goes on

Stricken yard ... McNulty's in South Shields.
Stricken yard ... McNulty's in South Shields.

SOUTH Shields MP David Miliband is continuing to support moves to save a stricken offshore yard.

Mr Miliband has again met administrators bidding to sell McNulty Offshore in South Shields as a working offshore facility.

The meeting followed 93 workers being re-employed at the struggling yard to complete outstanding orders.

Mr Miliband said: “It is good news that contracts are being fulfilled and that men have been taken back on at McNulty’s.

“I spoke with the administrators this week, and was reassured that they are doing everything possible to find a buyer for the yard as a going concern.”

Staff were shocked when the yard went into administration on February 28.

About 100 redundancies were unavoidable because it was not possible to trade the business while the firm was in administration.

McNulty, which is based in Commercial Road, South Shields, has become an internationally recognised offshore oil and gas contractor over the last 30 years, but a large reduction in major capital projects has hit the yard since last summer.

Mr Miliband added: “We need the skills and commitment of the men to find a long-term home in Shields.

“These are tough economic times, but at least the ongoing work gives a chance to show what is possible.

“No one is promising miracles, but there is good co-operation across all the agencies to try to save the jobs.”

A spokesman for administrators KPMG said there are 93 workers at McNulty Offshore, adding: “The administrators continue to pursue a sale of the business.”

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