An oil and gas firm will create 80 new jobs in Scotland as part of a multimillion-pound expansion project, the First Minister has announced.

Hyspec Engineering Holdings Ltd will relocate to new premises at Moorfield Industrial Estate in Kilmarnock.

The investment aims to increase the firm's manufacturing capabilities and contribute to an overall rise in revenue of almost 130% by 2018 to £28 million.

The firm has been aided by a £1.1 million grant from the Scottish Government's investment agency Scottish Enterprise.

Following a meeting with the firm's general manager, Jim English, at the Ryder Cup, Alex Salmond said: "Kilmarnock has a number of high-profile projects that are contributing to the on-going regeneration of the town and Hyspec's expansion and employment plans will add positively to that.

"This expansion is testament to the attractiveness of Scotland as a location for investors, thanks to the skills of our people, a competitive cost base and a well-developed business infrastructure."

Mr English said the grant from Scottish Enterprise will support the company's five-year plan.

"It's our intention to grow our site by 100% in revenue terms, coupled with vertical integration in new advance technologies, and securing an additional 84 engineering personnel, to a cost of £11 million approximately, over the five-year period," he said.