Lamprell enters digital joint venture

March 30, 2021
Fabricator Lamprell has signed a joint venture agreement with Injazat to develop and market innovative digital solutions, mainly for the renewables and oil and gas markets.

Offshore staff

SHARJAH, UAE – Fabricator Lamprell has signed a joint venture agreement with Injazat to develop and market innovative digital solutions, mainly for the renewables and oil and gas markets.

They have agreed on initial funding of $7 million this year.

The 50-50 JV will be registered inside the Abu Dhabi Global Markets financial center, with directors to be appointed from both companies and independently.

03/30/2021

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