UAE-based fabrication and engineering specialist, London Stock Exchange-listed Lamprell plc is considering selling up at a steep discount to an existing minority shareholder after announcing severe liquidity problems.

Lamprell has moved a step closer to securing a major contract for the Moray West Offshore Wind Farm project with a capacity reservation agreement.

Offshore rigbuilder Lamprell is consolidating its United Arab Emirates (UAE) yards into a single facility at Hamriyah as part of an overhead reduction programme.

The new $5.2bn mega shipyard complex being developed by International Maritime Industries (IMI) hosted a Q&A session for potential supply chain partners at the Seatrade Maritime Middle East event in Dubai in the last week of October 2018.

Offshore shipyard Lamprell in the Middle East is seeing a steady stream of refurbishment work pointing to a positive trend in the offshore rig market.

With the new Saudi mega-shipyard International Maritime Industries (IMI) set for a 20 drilling rig newbuild order from ARO Drilling significant components for the first two rigs are expected to sub-contracted to Lamprell, one of the joint venture...

The joint venture between Saudi Aramco, Bahri, Lamprell and Hyundai Heavy Industries to build a $5.2bn mega-yard in Saudi Arabia has been officially launched.