Search results for: lamprell

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  • 29 August 2016
    Exploration & Production

    Offshore rig builder Lamprell has delivered the “Ensco 140” LeTourneau-­designed, Super 116E (Enhanced) Class jack-up drilling rig to Ensco. The UAE-based yard on July 26, 2016 said the rig’s delivery would be delayed, resulting in potential exposure to remedial costs and liquidated damages. On, Sunday, August 28, Lamprell informed that it had signed an agreement […]

  • 27 December 2018
    Exploration & Production

    Lamprell has received a letter of intent from International Maritime Industries Company (IMI), confirming the intent to award Lamprell the contract for the construction and delivery of two jack-up drilling units.

  • 15 August 2017
    Exploration & Production

    Offshore rig builder Lamprell has reached a settlement with Cameron, a subsidiary of Schlumberger, regarding issues with jacking equipment supplied by Cameron in 2016 for the Ensco 140 jack-up rig. To remind, Lamprell’s delivery of the Ensco 140 jack-up rig was delayed in June 2016 due to a technical issue with essential jackup rig equipment […]

  • 18 February 2013

    Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, has announced the successful completion of construction of the wind turbine installation vessel, Windcarrier 2 “Bold Tern”. Having resolved all outstanding commercial issues, Lamprell has made delivery of the vessel to the client, Fred […]

  • 18 February 2013

    Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, announced the successful completion of construction of the wind turbine installation vessel, Windcarrier 2 “Bold Tern”. Having resolved all outstanding commercial issues, Lamprell has made delivery of the vessel to the client, Fred Olsen. […]

  • 12 November 2014
    Business & Finance, Equipment, Exploration & Production

    Lamprell, a UAE-based offshore rig builder, has received a new contract award from National Drilling Company (NDC), Abu Dhabi, for the construction and delivery of two further high specification jack-up drilling rigs of a Super 116E (Enhanced) Class. This contract award is valued at approximately US$ 365 million. Lamprell has previously been awarded contracts by NDC […]

  • 19 May 2011
    Business & Finance

      Further to the announcement of 7 April 2011, Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry,  announce the proposed recommended acquisition of all the issued and to be issued shares of Maritime Industrial Services Co. Ltd. Inc. (“MIS”) for a total consideration of NOK […]

  • 25 January 2018
    Business & Finance

    Lamprell, the company in charge of fabrication of 60 jacket foundations and their accompanying piles for the East Anglia ONE offshore wind farm, will book approximately USD 80 million (approx. EUR 64 million) in losses related to project in its 2017 financial results, to be released in March. 

  • 25 April 2012
    Business & Finance

    National Drilling Company (“NDC”), Abu Dhabi exercises the options for Lamprell to build a further two jackup rigs in addition to the four rigs currently under construction by Lamprell for NDC. The new agreement with NDC is for the construction and delivery of two jackup rigs valued at US$ 166.65 million each. As with the […]

  • 17 July 2012
    Business & Finance

    Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, announces that it has received a new contract award from Seajacks 4 Limited (“Seajacks”). The Engineering, Procurement & Construction contract,which is valued at US$ 120.9 million and subject to conditions precedent, is for the […]

  • 20 April 2011
    Business & Finance

      Following the announcement made on 21 December 2010 that the Chief Financial Officer of Lamprell plc would step down by the end of this year, the Company confirms that it has agreed terms for the appointment of Jonathan Cooper as Chief Financial Officer. It is anticipated that Jonathan will join the Company in the […]

  • 16 March 2018

    International Maritime Industries Company (IMI), a joint venture company, can now formally start business, following completion of all conditions.

  • 12 January 2015
    Business & Finance, Exploration & Production

    Lamprell, a builder of offshore drilling rigs, with construction facilities in the U.A.E, expects 2015 to be a challenging year. The company has said that while 2014 was an exceptionally strong year for Lamprell, that level of performance will not be replicated in 2015 due to Lamprell’s projects being at different stages in their construction cycles and the weaker […]

  • 3 June 2014

    Lamprell, a provider of diversified engineering and contracting services to the onshore and offshore energy industry, has completed the construction and delivery of the “Hydra” to its client Seajacks. Following a naming ceremony for the vessel which was held at Lamprell’s Hamriyah facility in the UAE on 15 April, Lamprell delivered the “Hydra” yesterday. The […]

  • 18 February 2013
    Business & Finance

    Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewables industry, announced the successful completion of construction of the wind turbine installation vessel, Windcarrier 2 “Bold Tern”. Having resolved all outstanding commercial issues, Lamprell has made delivery of the vessel to the client, Fred Olsen. […]

  • 6 February 2013
    Business & Finance

    Lamprell announced that it has received a new contract award from Dev Drilling Pte Limited, a company within the Jindal Group, based in Singapore, for the construction and delivery of a completely outfitted and equipped, LeTourneau designed, self-elevating Mobile Offshore Drilling Platform of a Super 116E (Enhanced) Class design. The rig is designed to operate […]

  • 22 March 2018
    Business & Finance, Project & Tenders

    The UAE-based offshore engineering and fabrication company Lamprell recorded USD 98.1 million net loss in 2017, USD 80 million of which was attributed to the operational challenges faced on the East Anglia One project.

  • 27 November 2015
    Exploration & Production

    Lamprell, a provider of fabrication, engineering and contracting services to the energy industry, has signed an agreement with its largest client to extend options for its next jack-up rigs and has agreed a new option.  Lamprell and the National Drilling Company of Abu Dhabi (NDC) recently signed an agreement to extend the outstanding two options, and a […]

  • 2 October 2013
    Business & Finance

    Further to the announcement of 28 August 2013, Lamprell, a leading provider of diversified engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries, confirms that Joanne Curin has now taken up her role as Chief Financial Officer for the Group and as an executive director on the Board. […]

  • 19 June 2014
    Business & Finance

    Lamprell has received a new contract award from Petrofac Emirates L.L.C. (“Petrofac”) for the fabrication and delivery of 29 modules. The modules are being constructed for use in connection with the Zakum Development Company (ZADCO, one of Abu Dhabi Oil Company (ADNOC) Group of Companies) landmark Upper Zakum, UZ750 (EPC-2) field development in Abu Dhabi. […]

  • 1 June 2016
    Business & Finance

    Lamprell, a provider of fabrication, engineering and contracting services to the energy industry, has signed a Joint Development Agreement (JDA) for establishing a maritime yard, at Ras Al Khair in eastern Saudi Arabia.  The maritime complex will provide engineering, manufacturing and repair services for offshore rigs, commercial vessels and offshore service vessels. Following a Memorandum of Understanding (MOU) inked in January […]

  • 15 June 2012
    Business & Finance

    Lamprell, a provider of specialist engineering services to the international offshore and onshore oil & gas and renewables industries, announced that it has successfully delivered Hull 108. The contract award from Compañía Perforadora Mexico S.A.P.I. DE C.V. (“PEMSA”), a subsidiary of Grupo Mexico, for the construction and delivery of Hull 108, a completely outfitted and […]