HARLAND & Wolff PLC has announced the launch of a new fully-owned subsidiary to be based in Aberdeen.
The Belfast-based multisite fabrication company – best known for building the Titanic – said the creation of Harland & Wolff Technology (HWT) was partly in response to the recent government announcement on a series of new North Sea licences.
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The new business – which will be led by Richard Davidson as managing director – said it was also responding to a number of enquiries for offshore electrification projects, new platform construction projects and in-service support.
The firm already has sites in Belfast, Arnish, Appledore and Methil and the Aberdeen firm will operate independently but in conjunction with company’s other delivery centres and shipyards across the UK.
Harland and Wolff said marine technologies are moving at “considerable pace” and ensuring it is at the “forefront” is essential.
Its focus on batteries, propulsion, future fuels and systems for vessels will make a “meaningful contribution” to the UK’s net zero targets.
The company said it is developing a suite of partnerships with original equipment manufactuers to achieve this.
Harland and Wolff said HWT will be ‘well placed to address a very sizeable business opportunity across these markets’.
Chief executive John Wood added: “The establishment of HWT enables us to be at the forefront of client requirements now and into the future.
“In the first instance, we will be focusing on in-service support including mechanical, pipework, fabrication and outfitting services.
“HWT’s offering will allow assets to be in operation whilst being serviced by our riding crews.
“Ultimately, this will reduce the time spent by an asset in a dry dock, keep it in continuous operation, and therefore reduce downtime costs, all of which are highly attractive outcomes for our clients.”