8th Nov 2013 09:50
LONDON (Alliance News) - Oil & gas engineering company Lamprell PLC Friday said it has delivered two jackup rigs to a client in the Caspian Sea, and expects to deliver another Caspian Sea project in the fourth quarter.
It didn't given any details of the clients or the second project, but said the first project had been complicated because it had built modules for the rigs at one facility, disassembled them, and then rebuilt them at the Russian Astrakhan yard on the Caspian.
Lamprell shares were down 0.7% at 160.065 pence Friday morning.
By Steve McGrath; [email protected]; @SteveMcGrath1
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