IHC Engineering Business win orders worth £200m

North East-headquartered IHC Engineering Business (IHC EB), part of Dutch shipbuilding group IHC Merwede, has won export orders worth more than £200m

IHC
IHC

North East-headquartered IHC Engineering Business (IHC EB), part of Dutch shipbuilding group IHC Merwede, has won export orders worth more than £200m over the past year.

The projects are being managed from the firm’s office in Stocksfield, Northumberland, with further expansion and recruitment planned. The most recent order by Petrofac, an international service provider to the oil and gas industry, is for the design and build of a 2,000-tonne capacity subsea pipelaying system installed on a new deep-water construction vessel in 2016, to lay 36-inch diameter pipe in water depths of up to 3,000 metres. The news follows on from the award in August 2013 of three large Flex-Lay systems for service in Brazil. These were won as part of a €1bn order for pipelaying vessels that are being designed and built by IHC Merwede. IHC EB’s order book represents continued growth in highly competitive international markets.

Jon Dale, IHC EB’s MD, said, “In addition to a record order intake, we have seen significant development within all areas of the business. IHC EB is gaining increasing recognition as a leading exporter of high-quality offshore equipment and an employer of choice in the North East.”

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