17th Dec 2007 07:00
Lamprell plc17 December 2007 17 December 2007 LAMPRELL PLC ("Lamprell" or the "Company") NOTICE OF TRADING UPDATE Lamprell (AIM: LAM), a leading provider of specialist engineering services tothe international oil & gas industry, will publish a trading update for the yearended 31 December 2007, on Tuesday 8 January 2008. Enquiries: Lamprell plc (+44 20 7638 9571)Peter Whitbread, Chairman and Chief Executive OfficerDavid Moran, Chief Operating Officer JPMorgan Cazenove, London (+44 20 7588 2828)Nick GarrettMalcolm Moir Citigate Dewe Rogerson, London (+44 20 7638 9571)Media enquiries: Martin Jackson/Kate DelahuntyAnalyst enquiries: Scott Fulton Notes to Editors • Lamprell, based in the UAE, has played an increasingly prominent role in the development of the offshore industry in the Arabian Gulf for over 30 years, in later years providing specialised services to the offshore oil and gas industry. • Lamprell's two primary facilities are in Port Khalid, in the Emirate of Sharjah, and in the Jebel Ali Free Zone, in the Emirate of Dubai, both of which are in the UAE. • The principal markets in which Lamprell operates, and the principal services it provides, are: - Upgrade and refurbishment of offshore jackup rigs; - New build construction for the offshore oil and gas sector, including Floating Production, Storage and Offloading systems and other offshore and onshore structures; and - Oilfield engineering services, including the upgrade and refurbishment of land rigs. • Lamprell has grown strongly over the last three years, driven by buoyant conditions in the oil and gas industry and the increase in capacity with the opening of its facility in the Jebel Ali Free Zone in 2002. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
LAM.L