Lamprell and International Maritime Industries (IMI) have signed an offshore fabrication agreement covering the construction of several offshore structures, including a production platform and jackets, as part of an offshore Engineering, Procurement, Construction and Installation (EPCI) project being delivered by Lamprell.
Under the agreement, IMI will undertake the fabrication scope at its Ras Al-Khair facility in Saudi Arabia, marking the first time the shipyard will undertake fabrication of production platforms and jackets.
The agreement strengthens the strategic partnership between Lamprell and IMI, with Lamprell being one of IMI’s founding shareholders, and supports the development of Saudi Arabia’s local offshore fabrication capabilities.
Lamprell will draw on its offshore EPCI and fabrication expertise, while IMI will execute the fabrication works at its Ras Al-Khair facility.
The companies said the collaboration will contribute to the development of IMI’s offshore fabrication capabilities and increase the use of local industrial capacity in the Kingdom.
The agreement represents an important milestone for IMI as it expands its activities beyond shipbuilding into the fabrication of major offshore energy structures.
According to the companies, the collaboration supports Saudi Arabia’s local content objectives by developing fabrication capabilities within the Kingdom and strengthening the country’s industrial base for offshore energy projects.
Lamprell CEO Ian Prescott said the agreement would allow the company to leverage its offshore EPCI and fabrication experience while supporting the continued development of IMI’s capabilities in Saudi Arabia.
IMI CEO Eng. Abdullah Al-Ghamdi said the agreement represents a significant step in IMI’s expansion beyond shipbuilding and demonstrates the company’s capabilities as a diversified industrial partner for Saudi Arabia’s energy sector.
