Friday, December 13, 2019

Lamprell News

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…

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…

Lamprell Wins Offshore Wind Project

Image: Lamprell

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…

Boskalis Inks Pact with Saudi Aramco

Image: Boskalis

Dutch offshore services provider Royal Boskalis Westminster has been selected as a contractor on Saudi Aramco's Long Term Agreement (LTA) for Offshore Facilities program.Boskalis acquired the agreement in consortium with the United Arab Emirates-based company Lamprell."The LTA is part of an ambitious offshore investment program and covers engineering, procurement, construction, transportation and installation (EPCI) contracts to support Saudi Aramco's Offshore Maintain Potential Program…

Lamprell Completes Haven Rig Upgrade

Hamriyah Yard Photo courtesy Lamprell )

Lamprell announced it has completed work to upgrade the mobile operating unit Haven as an accommodation service vessel for use offshore Norway. The unit has been delivered to Jacktel AS, a wholly owned subsidiary of Master Marine AS, within budget and as scheduled.The contract for the Haven rig upgrade was awarded in September 2016 and involved procurement, construction and installation of extended legs and new suction caissons.

DEME Names Moray East Jacket Suppliers

Image: DEME

DEME Offshore has selected tier one suppliers to supply jackets for the foundations of Moray Offshore Windfarm East (MOWEL),  located in the Outer Moray Firth, 22km off the coast of Scotland.According to DEME,  formerly GeoSea, Smulders will carry out a major part of the fabrication works on 55 of 100 jackets in Newcastle, including all final assembly, with Lamprell producing the remaining 45.The balance of the…

Lamprell Revenue Dips, Tightens Purse Strings

Oil-rig builder Lamprell Plc said it would continue to maintain a tight reign on costs as it stuck to its guidance of lower 2017 revenue. The company, which mainly focuses on contracts around the United Arab Emirates, said it expected 2017 revenue to be between $400-$500 million, with the current market pointing towards the lower half of the range. Lamprell also said it expected full-year 2016 revenue to be about $700 million, lower than the $871.1 million it reported in 2015.

Lamprell Delivers 9th Jackup Drill Rig to NDC

Photo: Lamprell

Lamprell announced the completion of construction of Al Lulu, the final jackup drilling rig in a series of nine delivered to Abu Dhabi’s National Drilling Company (NDC). The contract for the NDC Al Lulu rig was awarded in April 2015, one of only three rig orders awarded that year. All nine rigs have been designed according to the Cameron LeTourneau Super 116E (Enhanced) Class design and were completed to the highest standards of quality using the latest in drilling system technology, the builder said.

Lamprell's Revenue Falls 65 pct, Cuts FY Forecast

File Image (CREDIT: AdobeStock / (c) Nightman)

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.

Cathelco MGPS for Latest Lamprell-built Jack-up

Lamprell Rig Under Construction (Photo: Cathelco)

Cathelco will provide a marine growth prevention system (MGPS) for the latest in a series of jack-up drilling rigs to be built by Lamprell, the UAE based  leading provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and renewable energy industries. This will be the ninth MGPS to be supplied to Lamprell for jack-up rigs constructed at its Hamriyah facility. The order…

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.

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.

Lamprell, GustoMSC join forces to develop Jackup Rig design

Jack Up Rig Photo AdobeStock

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.

Delivery of Seventh Drilling Unit to NDC

Photo courtesy of Lamprell

Lamprell (ticker: LAM), a provider of diversified engineering and contracting services to the energy industry, announced the completion of construction on the jackup drilling rig, Al Gharbia, and its delivery to Abu Dhabi’s National Drilling Company (NDC). Completion and delivery of the jackup rig, on time and on budget, was marked at an inauguration ceremony held at Lamprell’s Hamriyah facility in the UAE on 22 December.

Lamprell Delivers Rig to National Drilling Co.

NDC6 Butinah Naming Ceremony

Lamprell announced the construction of the jackup drilling rig, the “Butinah”, and delivery to Abu Dhabi’s National Drilling Company (NDC) safely and within budget. This comes following an announcement last week where NDC exercised one of its existing options and awarded a further contract to Lamprell to build a ninth rig in the series. The “Butinah” rig, which achieved an exceptional safety record, departed Lamprell’s Hamriyah facility on 1 May…

ENSCO 110, ENSCO 104 Contracted for UAE & M.E.

ENSCO  104

Ensco plc has entered into a three-year contract with NDC for a new premium jackup, ENSCO 110. This newbuild rig is scheduled to commence operations later this month offshore United Arab Emirates at a rate of approximately $114,000 per day. NDC has also contracted ENSCO 104 for a three-year term at a day rate of $114,000. The rig is mobilizing to the Middle East from the Asia Pacific region and is scheduled to commence its new contract in late-June 2015.

Palfinger Cranes Ordered for Lamprell Jack Up Rigs

Photo: Palfinger Marine GmbH

Lamprell Energy Ltd., based in the United Arab Emirates, is a provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas industries. Lamprell recently ordered four foldable knuckle boom cranes to be mounted on two jack-up rigs of Le Tourneau Super 116 design, which are currently under construction for their final customer. The four PK 65002 MD (max. lifting moment of 60.2 mt)…

Lamprell to Implement Software for Automated Manufacturing

Photo: Lamprell

U.A.E based offshore jackup rig builder Lamprell Energy Ltd., will implement SSI's EnterprisePlatform software solution to allow its engineering team to automate manufacturing processes. Acording to SSI (developer of ShipConstructor software), the immediate benefit will come from streamlining and automating Lamprell's processes used to control robotic machinery on the production floor (e.g. CNC Profiling Machines) based on information from the engineering department's ShipConstructor-based product data model.

Lamprell CEO to Retire in 2016

Oil rig maker Lamprell Plc said Chief Executive James Moffat would retire next June and that it had promoted Tony Wright to the role of chief financial officer with immediate effect. John Kennedy will take on the role of executive chairman until the next annual general meeting in 2016, the company said on Friday. Lamprell said it had commenced the search process to find a new CEO.   Reporting by Aastha Agnihotri in Bengaluru

Lamprell Appoints New CEO

 John Kennedy, Chairman, Photo Lamprell

Lamprell a leading provider of diversified fabrication, engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries has appointed Christopher McDonald as Chief Executive Officer and director effective 1 October 2016, succeeding Jim Moffat who will be retiring from the Company as previously  announced. Prior to his appointment, Mr McDonald held the position of Executive Vice­…