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.

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