Lamprell Nets $200 Million Moray East Jacket Foundation Deal
GeoSea has contracted Lamprell for the fabrication of 45 wind turbine and three substation jacket foundations for the Moray East offshore wind farm. The contract is valued at more than USD 200 million.
GeoSea is the Engineering, Procurement, Construction and Installation (EPCI) contractor for the project's 100 wind turbine foundations and three offshore substation foundations. In addition, GeoSea will transport and install the three OSS topsides at the site.
Lamprell will start working on the project in Q2 2019 and will fabricate the total of 48 jackets at its Hamriyah and Sharjah yards in the UAE.
The company will deliver the jackets to GeoSea from its deepwater quayside in the Hamriyah port, from where GeoSea will transport the jackets to the offshore wind farm site in the North Sea.
Lamprell CEO Christopher McDonald said: "The contract award manifests our commitment to the fast growing renewables industry which, despite the recent challenges, remains a core strategic focus for Lamprell. Over the past 18 months we have upskilled our workforce and enhanced our systems and processes in order to enable us to deliver projects in the renewables segment safely, cost effectively and to a high standard. We look forward to working with GeoSea over the months to come."