InfraStrata Buys Harland and Wolff Shipyard

Tuesday, October 1, 2019
© nyiragongo / Adobe Stock

Harland and Wolff, the Belfast shipyard that built the Titanic, has been sold by owner Dolphin Drilling to infrastructure specialists InfraStrata for £6 million ($7.3 million), saving the facility from closure, InfraStrata said on Tuesday.

Harland and Wolff's multipurpose fabrication facility, quaysides and docking facilities are ideally suited for the energy infrastructure industry and the company's projects, InfraStrata said.

All 79 workers who did not opt for voluntary redundancy earlier in the year will be retained, the company said.

"Harland and Wolff is a landmark asset and its reputation as one of the finest multipurpose fabrication facilities in Europe is testament to its highly skilled team in Belfast," InfraStrata Chief Executive John Wood said.


(Reporting by Graham Fahy and Paul Sandle; editing by Jason Neely)

Categories: Mergers & Acquisitions Industry News Europe

Related Stories

RightBridge Ventures Agrees Reverse Takeover of Swemar

RightBridge Ventures Agrees Reverse Takeover of Swemar

Shell Rules Out BP Acquisition, Bound by UK Regulations

Shell Rules Out BP Acquisition, Bound by UK Regulations

Eni Sells Plenitude Share to Ares for $2.3B

Eni Sells Plenitude Share to Ares for $2.3B

Current News

Floatel Secures Longer Stay for Accommodation Rig off Australia

Industry Consortium to Asses Floating Nuclear Plants for Mediterranean Sea

Longitude Lines Up More Work at Shell’s West Delta Deep Concession off Egypt

MeyGen Tidal Energy Tech Sets New Operational Record

Subscribe for OE Digital E‑News

Offshore Engineer Magazine