Lamprell moves to delist while selling out to Thunderball
Lamprell has applied to the Financial Conduct Authority (FCA) to be suspended ahead of delisting.
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SSE touts £1bn economic boom from Seagreen wind construction
The delivery of Scotland’s largest wind farm has supported a £1 billion boost to the Scottish economy, according to new figures published by developer SSE Renewables and PwC.
UAE’s Lamprell puts pen to paper on huge contract for Moray West wind farm
UAE-based fabrication firm Lamprell has signed a contract worth between £100m - £200m for the Moray West windfarm off Scotland.
BW Energy facility sets sail for Gabon
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 wont be able to ‘trade solvently’ unless joint bid progresses
Lamprell (LON:LAM) says it will not be in a position to “trade solvently” unless a proposed takeover successfully goes through.
Lamprell warms up to joint bid
Lamprell’s two suitors, Blofeld Investment Management and Al Gihaz Holding, have teamed up to make an offer for the company.
Lamprell shareholder considers offer
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 posts for sale sign amid severe 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 delivers new ‘state-of-the-art’ jack-up rig
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 to kick off jack-up refurb this month
Lamprell has teased an upcoming contract for jack-up refurbishment in the Middle East without releasing many details.
Outcry as UK loses out to UAE’s Lamprell on £10bn floating wind projects
Work for a trio of giant floating wind projects off the coast of Scotland have gone to the UAE fabricator Lamprell, sparking outcry.
Scottish energy opportunity blowing away into the desert wind
“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 delays 2021 results on financing scramble
Lamprell has pushed back publishing its results as its board seeks alternative financing.
Unions left livid after Moray West fabrication work disappears ‘into the desert wind’
A union boss has slammed the decision to send fabrication work for a major Scottish offshore wind farm to the Middle East.
Lamprell kick starts lift barge contract for BGMS
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 bidding pipeline climbs to $7.9 billion as renewables boom
Lamprell has indicated a “significant step up” in its bidding pipeline as global opportunities in renewables continues to rise.
Offshore wind developers sign flurry of supply chain agreements
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.
‘Scotland for sale’: Concern as overseas yards eye ScotWind 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 wins BW Energy rig 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 raises cash amid challenges
Lamprell has signed up a debt facility and issued new capital, raising $45 million and $30.1mn respectively.
Lamprell lines up jack-up conversion for BW Energy’s Gabon plans
Lamprell has won a rig conversion contract from BW Energy for a project offshore Gabon.
ScotWind will prove beauty is more than skin deep
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 under ‘severe pressure’ as key Saudi projects beckon
Lamprell has said it faces “severe pressure” as key projects in Saudi Arabia ramp up.
Lamprell wins Saudi work at Marjan
Lamprell has won an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco on the Marjan field.