Lamprell Energy Ltd on Monday signed an agreement to expand its operations in Hamriyah Free Zone, Sharjah, as part of plans to grow its foortprint in the region.
The company leased an additional 114,280 m² in phase 2, bringing its total land area to 500,000 m² including 1,430 metres of quayside.
The additional land will be used to build new fully automated fabrication areas including pipe fabrication shops and blasting and painting sheds.
"This increased focus on automation and yard optimisation is aimed at reducing pipe fabrication man-hours, improving safety, eliminating unnecessary material wastage and improving the quality of the Group's products and services", a Lamprell spokesperson said in a statement.
Lamprell, a major provider of fabrication, engineering and contracting services to the energy industry, has been active in Hamriyah Free Zone since 2007.
Saud Salim Al Mazrouei, director of HFZA and SAIF Zone said: "We are delighted to celebrate the growth of Lamprell as this move will enable them to grow further locally and internationally. We see this development as another example of our strategic goal of empowering businesses paying off".
"Our aim is to create a strong business environment by meeting the needs and demands of its investors", Al Mazrouei added.
Hamriyah Free Zone Authority is major hub for petrochemicals, oil & gas bunkering and storage in the UAE and attracts a large fraction of the foreign direct investment to the emirate of Sharjah.