UAE-based fabrication firm Lamprell has signed a contract worth between £100m - £200m for the Moray West windfarm off Scotland.
BW Energy’s new offshore production facility has set sail for Gabon, on a heavy lift vessel. It is due to arrive by the end of September.
Lamprell (LON:LAM) says it will not be in a position to “trade solvently” unless a proposed takeover successfully goes through.
Lamprell’s two suitors, Blofeld Investment Management and Al Gihaz Holding, have teamed up to make an offer for the company.
A potential offer may be in the offing for Lamprell, which announced recently it was seeking a buyer to help it solve its liquidity issues.
Lamprell (LON:LAM) faces “urgent and severe liquidity constraints”, the company has admitted, with an immediate need for $75 million, due in June and July this year.
Lamprell has successfully delivered the first jack-up drilling rig for International Maritime Industries (IMI).
‘This shouldn’t be acceptable’: Supply chain leaders warn Scotwind buildout will go abroad without cohesive strategy
Offshore wind sector suppliers have called on the industry to work together to secure opportunities for the domestic supply chain, and criticised projects for which work has already been sent abroad.
Lamprell has teased an upcoming contract for jack-up refurbishment in the Middle East without releasing many details.
Work for a trio of giant floating wind projects off the coast of Scotland have gone to the UAE fabricator Lamprell, sparking outcry.
“Put simply, a just transition is about moving to an environmentally sustainable economy (that’s the ‘transition’ part) without leaving workers in polluting industries behind,” says NGO Greenpeace
Lamprell has pushed back publishing its results as its board seeks alternative financing.
A union boss has slammed the decision to send fabrication work for a major Scottish offshore wind farm to the Middle East.
Lamprell has received a notice to proceed on the construction of several lift barges for Saudi Arabian marine contractor Baas Global Marine Services (BGMS).
Lamprell has indicated a “significant step up” in its bidding pipeline as global opportunities in renewables continues to rise.
Manufacturers and developers including Ørsted and Lamprell have signed a series of MoUs and supplier agreements, as both seek to guarantee capacity ahead of a wave of new offshore wind projects.
Concern has been raised over whether Scotland will truly reap the benefits of the huge ScotWind offshore wind auction, as overseas yards like Lamprell eye work.
Aquaterra Energy has won a $4.4 million contract to participate in the conversion of the Hibiscus Alpha jack-up rig, which will be located offshore Gabon.
Lamprell has signed up a debt facility and issued new capital, raising $45 million and $30.1mn respectively.
Lamprell has won a rig conversion contract from BW Energy for a project offshore Gabon.
Following the ScotWind leasing round closing on Friday 16 July, there is now great anticipation to see which applications to build Scotland’s next generation of offshore wind farms are successful.
Lamprell has said it faces “severe pressure” as key projects in Saudi Arabia ramp up.
Lamprell has won an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco on the Marjan field.
A Middle Eastern firm chosen to build key infrastructure for Scottish offshore wind projects announced plans for a strategic reorganisation today.
Eni and Sharjah National Oil Corp. (SNOC) have started producing gas and condensate at the Mahani field, less than one year after being discovered.