Lamprell plc: New Contract Award

Friday 21 December 2018

Lamprell announced that it has been selected by GeoSea Procurement & Shipping Luxembourg SA, a wholly owned subsidiairy of GeoSea NV ("GeoSea"), the lead engineering, procurement, construction and installation contractor on the Moray East offshore wind farm, to fabricate jacket foundations for the project. Lamprell will fabricate 45 out of approximately 100 jacket foundations required for the wind farm, plus three jackets for the offshore substations also being installed for use on the project.

Total project value is in excess of USD200 million. All fabrication work will be performed in Lamprell's Hamriyah and Sharjah yards in the UAE and is expected to commence in Q2 2019. Lamprell will deliver the jackets to GeoSea from its deep water quayside in the Hamriyah port where GeoSea will transport the jackets to the offshore windfarm field in the North Sea.

The Moray East offshore windfarm project is a 295 km2, 950MW project which is located off the north eastern coast of Scotland and which will be developed and operated by Moray Offshore Windfarm (East) Ltd, GeoSea's client. The wind farm is expected to provide cost effective power for 950,000 UK homes.

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