Lamprell chasing new work

摘要

LAMPRELL is chasing contracts worth $6.9 billion, with almost half of those being targeted in the renewables sector. The Middle East-based fabricator said in an operational update that its "bid pipeline has grown by nearly $1 billion to $6.9 billion since the beginning of the year, with the majority of added projects from the renewables industry". "We continue to see further renewables projects entering the pipeline post period, as expected ... we are expecting decisions on a number of renewables opportunities in Q3 and Q4 2021," the company said.London-listed Lamprell said its successful diversification strategy into renewables and access to oil and gas opportunities in Saudi Arabia and the Middle East have propelled its bidding levels to the highest point "since the group commenced its transformative strategic journey five years ago".