Lamprell Plc enters MOU with NOV for offshore floating wind project

LONDON, UK: Lamprell Plc has entered right into a Memorandum of Understanding (MoU) with NOV, a number one energy services company, to support its supply of three 1 gigawatt (GW) offshore floating wind farms for Cerulean Winds, the UK-based floating offshore wind farm and inexperienced hydrogen infrastructure developer.

Under the phrases of the MoU, NOV has stated its intent to make use of Lamprell as its supplier for the fabrication, meeting and outfitting in relation to the development of NOV designed tri-floaters for use as floating foundations for the three wind farms.

NOV and Lamprell will work closely to support and develop UK native content material goals and can engage collectively in discussions with UK provide chain and UK yard(s) interested in participating within the projects, and able to provide appropriate solutions.

In June 2021, Cerulean utilized to develop a 3GW+ floating wind turbine project at websites West of Shetland and within the Central North Sea. NOV was named because the primary of Cerulean’s main supply companions for fabrication for this proposed 200+ turbine development and can act because the unique supplier of floating and mooring systems. If approved, the project is anticipated to be commissioned in 2026.

Christopher McDonald, CEO of Lamprell said: “Today represents an important milestone for our floating wind ambitions. Our lengthy historical past within the conventional oil & gas sector has stood us in good stead for our transition into the renewables space the place we have been active since 2007. Offshore floating wind is a pure development for the enterprise and represents one other step within the realisation of our technique and establishing our credentials within the UK market. We look ahead to supporting NOV within the event of this transformational project for the industry and Scotland.”

Joe Rovig, President of NOV Rig Technologies, said: “We are very happy to have Lamprell on board with us as a partner for Cerulean’s main infrastructure development. Lamprell’s track record in offshore wind will complement our UK and European infrastructure and personnel and we glance ahead to creating a joint contribution towards decarbonising the UK Offshore sector.”

Lamprell Plc is a number one supplier of services to the worldwide energy sector. Driving technique and growth through its Renewables, Oil & Gas and Digital enterprise units, underpinned by almost half a century of expertise, the Group has labored hard to set up its reputation for delivering projects safely, on time and to budget.

The Group has firmly established its worldwide credentials within the renewables sector in addition to persevering with to construct on its conventional oil and gas credentials. We are recognised for constructing complex offshore and onshore course of modules and platforms, fabricating and refurbishing jack-up rigs and liftboats.

Lamprell Plc employs greater than 5,000 people throughout a number of facilities, with its primary facilities located in Hamriyah, within the UAE. Combined, the Group’s facilities cowl roughly 800,000m2 with over 1.5 km of quayside. In addition, the Group has facilities in Saudi Arabia (through a three way partnership agreement). Lamprell is listed on the London Stock Exchange (symbol “LAM”).”

NOV (NYSE: NOV) delivers technology-driven options to empower the worldwide energy industry. For greater than 150 years, NOV has pioneered improvements that allow its customers to safely produce abundant energy whereas minimising environmental impact. The energy industry relies upon on NOV’s deep experience and technology to continually enhance oilfield operations and help in efforts to advance the energy transition towards a extra sustainable future. NOV powers the industry that powers the world. www.nov.com

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