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LMC
IGP Priority
Industrialised Foundations & Substructures
Support received
Business support
Funding support
An engineering design company specialising in the design and provision of floating structures and mooring systems for the offshore industry.
30+ years experienced and established in offshore oil and gas sector working for Tier 1 clients in EPC and consultancy.
Successful transition into offshore renewables sector.
Consulting for Tier 2 and 3 offshore wind developers, and principal designer for a number of FOW platforms.
Business profile
LMC was matched to an OWGP delivery partner with the market intelligence to assist LMC in developing a new technology offering specific to the Offshore Wind industry, expanding its understanding of the differences between oil and gas and Offshore Wind customers. The partner also reviewed grants and funding applications to enable them to grow.
Intelligent energy management and storage technologies for the energy industry.
Underwater, offshore and onshore solutions.
Decarbonising energy operations.
LMC is one of the few consultancies offering combined Engineering, Procurement and Construction (EPC) services, working all the way through offshore projects from initial design to manufacture and installation.
By spanning the full lifecycle of a project, LMC provides unique insight into the risks and operational challenges which occur in a marine environment.
LMC is currently in the process of developing a ʻplug and playʼ mooring system for Floating Offshore Wind which would enable de-coupling of an offshore mooring installation from the platform, thereby reducing risk, offering schedule advantage and contributing to reduced levelised cost of energy (LCOE).
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Enhanced marketing materials to strengthen customer outreach.
Secured highly competitive funding of £265,000.
Improved LMC’s market knowledge and commercial confidence.
Before
Before reaching out to OWGP, LMC had over 31 years of experience in the offshore market, primarily through its oil and gas heritage, and with such valuable and transferrable knowledge from a complimentary sector, had successfully transitioned the business to operate in the Offshore Wind market. LMC was seeking OWGP’s support to help the business take a step change in growth within the Offshore Wind sector by deepening its understanding of the market, developing its product offering specifically for the needs of the sector and looking at routes to market for those products.
What they say
“
The WEST programme allowed us to optimise and refine our technical offering and understand our true position as developer engineers for the floating Offshore Wind market. During the business support programme we confirmed the market need for our product, devised a funding strategy for the necessary development stages and created a market entry plan. Since completing the programme, we have been successful in a bid application for funding as both a lead applicant and collaborator, which has helped us to establish our technology and reputation in the industry.”
NICK PALMER
Director, LMC
