Regional News

Lamprell, IMI sign Saudi offshore fabrication deal

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Lamprell has signed an agreement with International Maritime Industries (IMI) to fabricate offshore structures, including a production platform and jackets, for an offshore Engineering, Procurement, Construction and Installation (EPCI) project being delivered by Lamprell.

Fabrication will take place at IMI’s facility in Ras Al-Khair, Saudi Arabia, marking the first time the facility will undertake offshore production platform and jacket fabrication.

Ian Prescott, CEO of Lamprell, commented: “IMI is an important strategic partner for Lamprell, and as a founding shareholder, we are proud to support the continued development of its yard in the Kingdom of Saudi Arabia. This agreement allows us to draw on Lamprell’s extensive offshore EPCI and fabrication experience while supporting the continued development of IMI’s capabilities and sharing our expertise in the Kingdom. We look forward to building on this important relationship to further develop capability in the Kingdom and support its offshore energy ambitions.”

Abdullah Al-Ghamdi, Chief Executive Officer of IMI, said: “This agreement is a defining step in IMI’s journey beyond shipbuilding. By taking on the fabrication of offshore structures for the first time, we are demonstrating the depth and versatility of our capabilities and reinforcing our role as a diversified, world-class industrial partner to Saudi Arabia’s energy sector. Being entrusted with this scope is a strong validation of our fabrication track record, and we look forward to delivering the same quality and reliability our partners have come to expect from IMI.”