19th Oct 2021 19:28
Harland & Wolff Group Holdings PLC - Belfast-based specialist in ship repair, conversion and offshore construction - Wins contract for the fabrication of four suction piles for a subsea template of an energy project in the Black Sea.
The contract is part the company's strategy to move its Arnish facility into a more advanced state of operational preparedness for the the wider renewables sector in the UK.
Of the suction piles, two will be created at seven and a half metres in diameter and 20 metres length, and the other two at six metres diameter and 12 metres length. The contract will last for four and a half months.
"I am delighted to report that Arnish is now fully operational. We have taken the time to bring the site up to operational readiness. The works conducted by the local team have garnered positive reviews by clients who have inspected and audited the yard. Arnish offers something quite different compared to our other yards and, looking ahead, the specialist large rolling equipment is set to be booked for extended periods by clients given the vast array of projects that require large diameter rolling of steel," says Chief Executive Officer John Wood.
Current stock price: 25.50 pence, up 8.5%
Year-to-date change: down 46%
By Dayo Laniyan; [email protected]
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