Based in Edinburgh, LGE designs and builds plants for the processing, storage and handling of liquid gases.

LGE will be combined with Babcock’s design services unit to create a medium-sized, specialist energy and marine technology business specialising in design and installation of mechanical, electrical and chemical process equipment for oil and gas platforms and onshore support facilities.

Peter Rogers, Chief Executive of Babcock, said: “The acquisition of LGE and its combination with our existing expertise in design services will create a strong business, well positioned to build on its current positions and develop into new commercial marine markets, particularly within the oil and gas market.”