Neutral
Informational - no clear directional impact
Low Impact
Minor progress or informational
Lamprell has planned first steel cutting for Norfolk Vanguard East transition pieces in Q3 2026 at its UAE yard, per Lamprell's own Q1 2026 newsletter. Vanguard East remains in the early engineering and procurement phase. The contract — awarded by RWE in September 2024 — covers the manufacture and supply of 92 transition pieces for Norfolk Vanguard East (paired with 92 already in fabrication for Norfolk Vanguard West, total 184 TPs). This projection represents the next major component-manufacturing milestone for the East phase ahead of its own FID.