07:00 Mon 02 Nov 2020
Lamprell plc - New Contract Award
LAMPRELL PLC
("Lamprell" and with its subsidiaries the "Group")
NEW CONTRACT AWARD
Lamprell awarded engineering project by IMI
Lamprell is pleased to announce that it has been awarded a medium-sized* contract by International Maritime Industries (IMI) to undertake engineering design services.
Starting immediately and extending over the next three years, the work will be undertaken in two parts: an initial phase incorporating full detailed design engineering, followed by the production design phase.
This work forms an integral part of IMI's 2030 new build rig programme; supporting the strategy for establishing itself as a fully autonomous in-Kingdom yard facility servicing clients in the maritime sector including maintenance, repair, overhaul and newbuild rigs and ships.
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Notes to editors
Lamprell, based in the
Lamprell employs more than 4,000 people across multiple facilities, with its primary facilities located in Hamriyah, in the
Lamprell is listed on the London Stock Exchange (symbol "LAM").
*(Lamprell defines a "medium-sized contract" as between
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