“We are delighted to have received our first LTA contract award since joining the programme in 2018. Our team has been working closely with Saudi Aramco over the past few months and we look forward to strengthening our partnership through this project. Marjan is a strategic asset of global significance and we are honoured to play a role in its development," stated Christopher McDonald, CEO, Lamprell.
Under the company's Long-Term Agreement Program (LTA) with Lamprell, the contract consists of two deck modules for offshore output and associated pipeline and subsea cables in the Marjan Field of Saudi Aramco.
The contract is described as large by Lamprell, placing the value in the $51m to $150m bracket.
Marjan Field is in the Arabian Gulf, off the East Coast of Saudi Arabia.
Maritime Business World