Cygnus will deliver the sixth largest gas field in the UK Southern North Sea with BiFab among a number of UK firms included in an initial £375 million worth of contracts.
The company will use its manufacturing facilities in Methil, Fife and Arnish on the Isle of Lewis and expects to create 100 new jobs.
BiFab recently secured a contract to build an oil production platform for a field to the west of Shetland.
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Lena Wilson, chief executive of Scottish Enterprise, said: "This announcement from BiFab is fantastic news for Scotland's oil and gas sector. It's also very satisfying to see such a positive outcome from the investment we've made, alongside our partner Fife Council, in the Fife Energy Park to support the energy sector's infrastructure.
"Through Scotland's recently launched Oil and Gas Strategy, we know that the North Sea has at least 40 years worth of production remaining and this announcement is a testimony to its long term importance and the opportunities for future development that remain.
"Which is why it's great to see companies like BiFab already taking advantage and growing their business now. We'll continue to assist ambitious Scottish companies and play our part in supporting Scotland's drive to fully exploit our oil and gas capabilities."
(NE)
