Offshore services company Lamprell has signed a memorandum of understanding with a Mubadala Investment Company subsidiary to create and market digital products and services targeting offshore renewables.
Lamprell and Injazat are working on a portfolio of technologies aimed at clients, primarily in the MENA region.
Lamprell chief executive Christopher McDonald said: “This is a pivotal milestone in our history. The world is changing. It’s critical that we stay ahead of the curve and push the boundaries from conventional thinking to ensure the Group is positioned well for the future.
“Working with a digital-enabler like Injazat is providing us new capabilities and channels to expand and take to market our offering, and that will underpin the future sustainability of the business.”