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Lamprell News

09 Jan 2023

Middle East Ship Repair Yards Remain Center Stage

Asyad Dry Dock in Duqm, Oman, was previously Oman Drydock Company. Its new name reflects its ownership by Oman shipping and logistics group, Asyad. Image courtesy Asyad Dry Dock

In the 45 years since the Arab Shipbuilding & Repair Yard (ASRY) opened on reclaimed land in Bahrain, the Middle East has become one of the world’s ship repair hotspots. A broad range of shipyards now service both regional and global markets.Regional yards have a ready market, with hundreds of offshore rigs working across the region together with the service ships that support them. Then there are thousands of tankers and gas carriers that arrive each year to load energy cargoes for far-flung destinations.

27 Jul 2022

IMI, Hyundai Heavy Industries Expanding Shipbuilding Partnership

The agreement between the shipbuilders was signed by Dr. Abdullah Al Ahmari, CEO of IMI, and Mr. Ohmin Ahn, Executive Vice President at HHI, at the King Salman International Complex for Maritime Industries and Services in Ras Al-Khair, Saudi Arabia. Photo courtesy IMI/HHI

International Maritime Industries (IMI), the largest shipyard in the MENA region, has expanded its partnership with Hyundai Heavy Industries (HHI) through a technical service agreement to further enhance its shipbuilding capabilities.Under the agreement, HHI will provide technical assistance and consulting services in Very Large Crude Oil Carrier (VLCC) engineering to IMI, reflecting its commitment to supporting the development of IMI’s shipbuilding capabilities and engineering services since its launch in 2017.The agreement was signed by Dr.

17 May 2022

First Jack-up Rig Built for IMI Loaded Out

Image Credit: IMI (Supplied)

International Maritime Industries (IMI), which describes itself as the largest shipyard in the MENA region, and offshore construction firm Lamprell on Tuesday announced the successful completion of the load-out and float-off of the first jackup drilling unit being constructed for IMI.The jack-up rig will now undergo intensive mechanical completion and commissioning before being transferred to IMI’s yard in Ras Al Khair, Saudi Arabia, for final commissioning before going on a contract…

08 Nov 2021

Saudi Arabia: IMI, Zamil in Offshore Support Vessel JV

Ahmed Al Saadi, Chairman of the Board of IMI - Credit: IMI (Cropped)

International Maritime Industries (IMI), which describes itself as the largest maritime yard in the MENA region, has signed a Joint Venture Agreement with Zamil Offshore to deliver Offshore Support Vessel (OSV) building and maintenance, repair, and overhaul services (MRO) in Saudi Arabia."The long-term agreement signed with Zamil, one of the Middle East’s largest shipyards and owners, operating a fleet of over 60 diversified vessels in Saudi Arabia, aims to enhance IMI’s localization efforts in the Kingdom and boost its lifecycle support services…

10 Aug 2021

Harland & Wolff Names General Manager for Appledore site

Tom Hart - Credit: Harland & Wolff

Belfast-based shipyard Harland & Wolff has appointed a new General Manager, Tom Hart to its Appledore site.Harland & Wolff, famous for building the Titanic, is today a multisite fabrication company, operating in the maritime and offshore industry through five sectors: commercial, cruise and ferry, defense, oil & gas, and renewables and six services: technical services, fabrication and construction, decommissioning, repair and maintenance, in-service support and conversion.Hart joins Harland & Wolff (Appledore) from Dubai-based Drydocks World where he was Director of Projects & Engineering.

04 Jun 2021

AVEVA, IMI Extend Collaboration

AVEVA and  International Maritime Industries (IMI) extended their existing long-term collaboration with a new strategic partnership, a partnership designed to advance IMI’s engineering solutions to include production and manufacturing processes for the maritime sector in the Middle East and Africa (MEA).The new a joint venture involves Saudi Aramco, Lamprell Plc, Bahri and Hyundai Heavy Industries and spans a 10-year period, to optimize digitalization across the maritime lifecycle using AVEVA Unified Engineering and AVEVA Digital Ship and Shipyard Operations.Set to be fully operational by 2023, IMI is driving an accelerated and advanced digital program to ensure it is able to commence yard operations using the most advanced technology innovations.

30 Dec 2020

All Jackets Installed at Moray East Offshore Wind Farm

Credit: Deme Offshore

Belgian offshore installation contractor DEME Offshore has completed the installation of offshore wind turbine jackets for the 950 MW Moray East offshore wind farm in Scotland.The offshore wind farm is being developed by Moray Offshore Windfarm East Ltd (MOWEL), which is a joint venture company owned by Ocean Winds ( 56.6%) Diamond Green Limited (33.4%) and CTG (10%).DEME Offshore was awarded the full EPCI scope for 100 wind turbine foundations plus three offshore substation platform foundations in December 2018.

25 Nov 2020

Moray East Offshore Wind Farm Jacket Transport Completed

OHT’s MV Hawk arrives at the Port of Nigg, Scotland, with the final load of jacket foundations for Moray East from UEA. Image source: OHT

On November 25, 2020, MV Hawk discharged her final jacket foundation for the Moray East Offshore Wind Farm.OHT’s heavy transportation vessel carried its second load of 10jackets from Lamprell’s fabrication site in Hamriyah, UAE, arriving at the Port of Nigg in the Cromarty Firth on November 12, 2020, marking the completion of OHT’s eight-month transportation campaign which also used its vessels MV Osprey and MV Albatross. All told, OHT transported 48 three-legged jacket foundations averaging more than 1…

11 Jun 2020

Nexans to Deliver Cables for Giant Offshore Wind Farm in Scotland

Artist’s illustration of Nexans Aurora cable laying vessel at an offshore windfarm. The vessel, currently under construction, will visit Nexans’ Charleston, S.C. plant, to pick up the export cables for the Seagreen project. Courtesy: Nexans

French industrial cable supplier Nexans has been awarded a contract by SSE Renewables to deliver cables for the recently sanctioned 1,075 megawatt (MW) Seagreen offshore wind farm project.The contract calls for Nexans to design, manufacture and install the high voltage (HV) onshore and offshore export cables.Construction on the 1,075 megawatt (MW) project, which is located 27km off the coast of Angus, will start next year. When completed in 2022/23, Seagreen 1 will be Scotland's largest wind farm.Nexans' factory in Charleston, South Carolina, will supply the three 65 km offshore export cables.

25 Dec 2019

Saudi Aramco, Korea Shipbuilding Roll-out New JV

Korea Shipbuilding & Offshore Engineering (KOSE), a manufacturer of oil tankers, cargo and passenger vessels, and warships, and Saudi Arabian Oil Company (Saudi Aramco) plans to set up a joint venture to build engines.According to South Korea’s Yonhap News Agency the JV will break ground for the plant in the King Salman International Complex for Maritime Industries and Services in the kingdom’s eastern coast in September 2020, and the project is set to be completed in May 2022.The Korean company is working to build a shipyard at the complex through a separate JV with Saudi Aramco, UAE-based Lamprell and the Saudi National Shipping Company (Bahri).

24 Sep 2019

OHT Bags Moray East Jackets Gig

The heavy transport vessel operator Offshore Heavy Transport (OHT) has secured a contract from DEME Offshore to transport foundations for the 950MW Moray East wind farm off Scotland.The contract includes transportation of 48 jackets from Lamprell fabrication yard, UAE to the Port of Nigg in the Scottish Highlands.OHT will dedicate three of their largest open deck semi-submersible heavy transportation vessels to the project. The three-legged jackets, averaging more than 1,000 tonnes each, will reach up to 80 metres in height and OHT’s impressive fleet will carry on average eight foundations per voyage."We started discussions in early 2015…

18 Sep 2019

IMI Shipyard Inks VLCC Order with HHI

Saudi Arabia’s International Maritime Industries (IMI) has signed a vessel purchase agreement (VPA) with the National Shipping Company of Saudi Arabia (Bahri) and a subsequent sub-contract agreement with South Korean shipbuilder Hyundai Heavy Industries (HHI) to build one very large crude carrier (VLCC).Hyundai Heavy will transfer architectural designs and related technological know-how for the building of very large crude carriers (VLCCs) to IMI. It will build one 319,000 DWT Class Crude Oil Carrier  with delivery expected in October 2021."This project award further strengthens the business relationship between IMI and its shareholders…

22 Jul 2019

Offshore wind: One-stop power conversion

Optimal outputs: a wind-turbine permanent magnet generator at The Switch in Deyang. Image Courtesy Yaskawa’s The Switch

With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop wind-energy shopping. As with shipping, you can order permanent magnet generators, drives and converters for your wind turbines. Take heart.

28 Jun 2019

Hyundai Signs MoUs with Saudi Aramco

As part of its long-term downstream growth and diversification strategy, the Saudi Arabian national petroleum and natural gas giant Saudi Aramco signed an agreement with South Korea's Hyundai Heavy Industries (HHI), and The Saudi Arabian Industrial Investments Company (Dussur).The agreement will establish a joint venture (JV) for a world class engine manufacturing and after sales facility in Saudi Arabia. Under the partnership, Saudi Aramco will own 55% of the JV, while HHI and Dussur will own 30% and 15% respectively.Meanwhile, an MoU between Saudi Aramco and HHI was signed that extends the existing collaboration to develop ship building…

28 Jun 2019

Bahri Orders First VLCCs from IMI

Bahri, the world's largest owner and operator of very large crude carriers, has signed a Memorandum of Understanding (MoU) to build its first very large crude carrier (VLCC) at the International Maritime Industries (IMI) yard in Saudi Arabia.The agreement signed with IMI and Hyundai Heavy Industries (HHI), one of the partners in IMI, sees Bahri committing the new mega-shipyard its first order before the end of July 2019.Following the placing of the order, IMI will engage HHI as a sub-contractor to build the vessel in South Korea. HHI, in turn, will help facilitate the transfer of knowledge enabling IMI to independently build VLCCs to international shipbuilding standards in Saudi Arabia.Abdullah Aldubaikhi…

14 Jun 2019

Offshore wind: One-stop Power Conversion

Optimized drive: Fred Olsen Ocean’s Brave Tern. Image: Handout/Fred Olsen

With the United States and China about to start their respective offshore wind build-ups, grid operators wondering about the efficiency of their turbines or the emissions-areas compliance of their wind-service vessels will be warmed to know there’s someone they can talk to. Yaskawa’s The Switch — a Japanese industrial giant’s European environmental tech business — is offering one-stop wind-energy shopping. As with shipping, you can order permanent magnet generators, drives and converters for your wind turbines. Take heart. The lingo is the same.

27 Dec 2018

Lamprell Gets LOI to Build Jackup Pair

© Ben / Adobe Stock

Lamprell announced it has received a letter of intent (LOI) from International Maritime Industries Company (IMI), the Saudi maritime joint venture in which Lamprell is a partner, confirming the intent to award Lamprell the contract for the construction and delivery of two jackup drilling units.The rigs will be built collaboratively between the IMI and Lamprell for delivery to IMI's end client. Lamprell said it will undertake most of the fabrication work for both jackup rigs at its Hamriyah yard…

24 Dec 2018

Lamprell Wins Offshore Wind Project

Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV, the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm, to fabricate jacket foundations for the project.Lamprell, the provider of fabrication, engineering and contracting services to the offshore energy industry, said it will fabricate 45 out of approximately 100 jacket foundations required for the wind farm, plus three jackets for the offshore substations also being installed for use on the project.Total project value is in excess of $200 million.

17 Mar 2018

Lamprell, GustoMSC join forces to develop Jackup Rig design

Lamprell announced its exclusive collaboration with GustoMSC to develop the Lamprell Jackup-43 (LJ43) jackup rig design, creating an advanced drilling rig with the highest level of safe, efficient and reliable drilling capabilities. The LJ43 drilling rig will combine Lamprell’s system integration capability, detailed engineering expertise and construction experience with the robust and advanced technology of GustoMSC designs. The rig utilises GustoMSC’s leg design with a custom designed hull and living quarters developed by Lamprell. It includes various high-end technology features such as a new innovative blowout preventer handling system and enhanced skidding capabilities via a X-Y cantilever, which will enable optimised and highly efficient drilling.

16 Mar 2018

Construction Begins on Saudi Aramco's Shipyard Joint Venture

Construction work has begun on a joint venture to build a shipyard on Saudi Arabia's eastern coast, oil rig builder Lamprell Plc said in a statement on Friday. The joint venture, International Maritime Industries (IMI), started operations after reaching agreement for a loan from the state-backed Saudi Industrial Development Fund (SIDF), the statement said. The SIDF agreed in principle last year to provide 3.75 billion riyals ($1 billion) in financing for the project. IMI is a partnership between United Arab Emirates-based Lamprell, state oil giant Saudi Aramco, National Shipping Co of Saudi Arabia (Bahri) and South Korea's Hyundai Heavy Industries Co.

24 Jan 2018

Lamprell Sees Full-year Revenue at Low End of Guidance

(File photo: Lamprell)

British oil rig builder Lamprell sees full-year revenue slipping to the bottom of its guidance range because of stagnant oil sector investment and losses at a windfarm project, it said on Wednesday, sending its shares sharply lower. The company said that total losses on its East Anglia One (EA1) offshore windfarm project would be about $80 million because of mounting costs for unplanned staffing and equipment requirements. "We anticipated a challenging 2017 given the weakness of our end markets…

02 Jan 2018

Saudi Aramco Shipyard Joint Venture Appoints CEO

(Photo: Saudi Aramco)

Saudi Aramco and its partners have appointed Fathi K. Al-Saleem as chief executive of a joint venture to build a shipyard on the kingdom’s east coast, part of the Saudi Arabian government’s drive to diversify the economy beyond oil. The state-owned oil giant said in a statement on Friday that International Maritime Industries (IMI) had been officially launched in partnership with National Shipping Co of Saudi Arabia (Bahri), engineering firm Lamprell Plc, and South Korea’s Hyundai Heavy Industries Co.

22 Sep 2017

Lamprell's Revenue Falls 65 pct, Cuts FY Forecast

Oil rig builder Lamprell Plc reported a 64.7 percent fall in revenue in the first half of the year and cut its full-year forecast, hurt by lower activity levels across the industry.   The company said it expected revenue for 2017 to be in the range of $370 million to $390 million, as it saw continuing low levels of walk-in work. Lamprell had forecast full-year revenue to be in the lower half of the $400 million-$500 million range in March.   Lamprell, which runs three rig building yards in the UAE, said revenue fell to $159.2 million in the six months ended June 30 from $451.3 million a year ago.   Reporting by Arathy S Nair