Commenting on the news that the Buchan oil vessel will be decommissioned in Shetland, the Islands' MSP Tavish Scott said:
"This is tremendous news for Shetland. Lerwick Port Authority and their partner companies have been working very hard to attract decommissioning business to Shetland.
"This is a real contract after months of effort and is a very positive signal to the oil industry that Shetland is the place for this work.
"We are in the right place on the map, we have the skills and expertise and the harbour facilities to undertake decommissioning. I hope today's announcement is the first of many and will open up a new industry for Shetland."