Lamprell, an energy and engineering infrastructure company based in the United Arab Emirates, has signed a cooperation contract with International Marine Industries (IMI), the largest full-service marine yard in the Middle East, for the construction of offshore platforms and jackets at the IMI facility located in Ras Al Khair. This project is part of an ongoing Engineering, Procurement, Construction, and Installation (EPCI) project.
Contract Details
Lamprell has agreed to construct several marine structures, including a production platform and jackets. This construction will take place at the IMI facilities in the Kingdom of Saudi Arabia. This contract represents the first phase of the construction of offshore platforms and jackets at this yard and is considered an important milestone in the collaboration between the two companies.
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Goals and Implications of the Collaboration
Ian Prescott, CEO of Lamprell, stated: "IMI is an important strategic partner for Lamprell, and as a founding shareholder, we are proud to support the ongoing development of its yard in the Kingdom of Saudi Arabia." He also noted that this agreement allows Lamprell to leverage its extensive experience in EPCI and offshore platform construction while contributing to the development of IMI's capabilities.
Abdullah Al-Ghamdi, CEO of IMI, also commented: "This agreement is a decisive step in IMI's journey beyond shipbuilding. By embracing the construction of marine structures for the first time, we are demonstrating the depth and diversity of our capabilities and strengthening our role as a global and diversified industrial partner in Saudi Arabia's energy sector."
This contract also emphasizes Lamprell's commitment to developing capabilities and increasing local content in Saudi Arabia. The collaboration between Lamprell and IMI can serve as a model for other companies operating in the energy sector in the region and create opportunities for advancement in various fields.
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