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FINANCIAL NEWS
Dubai- Lamprell Energy wins $320m contract
16 Feb 2010
(MENAFN) Lamprell Energy, an oil and gas engineering and construction company based in UAE and Thailand, said that it has secured a $320 million contract from Norway’s Fred Olsen Windcarrier Group to design and construct two wind turbine installation vessels, Gulf News reported.
The company said in a statement that the Gusto MSC NG 9000C-HPE vessels will be constructed at the company’s Jebel Ali facility in Dubai, and delivery will be in the second and third quarters of 2012.
The self-elevating, self-propelled WTI vessels are equipped with dynamic positioning, a high speed jacking system, an 800 ton crane and a rotary propulsion system which allows the vessel to sail at a speed of 12 knots.
Each 14,000 ton design weight vessel will have luxury accommodation for 80 personnel and a payload capacity in excess of 5,000 tons.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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