Abu Dhabi-based Injazat and Lamprell have signed a memorandum of understanding (MoU) and have started collaborating to create and market innovative digital solutions focused on the oil and gas and renewables markets.
Injazat is wholly owned by Mubadala Investment Company.
Lamprell is a leading provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas and energy sector.
Lamprell and Injazat are working on a portfolio of technology - enabled digital ventures that will create new value for their target customers, primarily in the Middle East and North Africa (Mena) region, said a statement.
Christopher McDonald, chief executive officer of Lamprell, 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,” he said.
Khaled AlMelhi, chief executive officer of Injazat, said: “Embracing new technologies and enabling digital transformation lies at the very core of our mission and business strategy. Through our collaboration with Lamprell we aim to create innovative digital solutions to solve the most pressing problems faced by the region’s energy and renewables industry.”
“At our company, we are proud to serve as a strategic partner, trusted advisor and digital enabler to support our clients with their digital transformation journey, fulfilling our commitment to support the UAE’s innovation agenda,” AlMelhi added.
Injazat is an industry recognised market leader in the region for Digital Transformation, Innovation, Information Technology, Data Center and Managed Services with a broad services portfolio covering the Infrastructure, Application, Cyber defence and Cloud domains.
Injazat draws on its local expertise and presence combined with several global technology partnership networks to develop market leading solutions and services, it stated. – TradeArabia News Service