How it started
History
The company was established by Steven Lamprell in 1976 in Dubai. The company established three sites in the United Arab Emirates and one in Thailand before starting jackup rig conversions in the late 1980s. In the late 1990s, the company started to diversify into oil rig construction. In 2006 the company launched an initial public offering on the Alternative Investment Market and in 2008 it secured a full listing on the London Stock Exchange.
Lamprell diversified its offering further, from predominantly servicing the oil & gas market to entering the renewables' arena in the early 2000s. It delivered four self-propelled jackup vessels for offshore oil & gas and offshore wind turbine installation to Seajacks, and two wind turbine installation vessels to Fred Olsen.
The company acquired Maritime Industrial Services, another maritime services business, for $336 million in July 2011 but was hit by a series of profit warnings in 2012 following a string of losses, delays and deferrals in individual projects. In March 2013, the company was fined £2.4 million by the Financial Services Authority in connection with the profit warnings and for its failure to keep the market properly informed.
The company entered the Guinness World Records book in 2014 for the "heaviest load moved by self-propelled modular trailers" for moving a 13,191.98 metric tonne Production, Utilities and Quarters (PUQ) deck for its client Nexen Petroleum UK.
In 2016, Lamprell won its first contract to construct 60 wind turbine foundation structures following an award from ScottishPower Renewables for the East Anglia One project.
From Wikipedia’s article on Lamprell, shared under CC BY-SA 4.0.2