Moray East ‘progressing to schedule’ for Lamprell despite widening losses for firm
A Moray Firth-contracted turbine jacket manufacturer has said its work with the wind project is “progressing to schedule” despite reporting widening losses.
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BiFab shut out of £200m deal due to ‘changes’ in bidding criteria, bosses claim
Owners of troubled Scottish firm Burntisland Fabrication (BiFab) have claimed the company was effectively shut out of a £200 million wind turbine contract – despite being the lowest bidder for the project.
UAE fabrication firm hired by Moray East Windfarm making ‘significant losses’, report claims
A Middle East firm which was handed a multimillion-pound fabrication deal for a giant Moray windfarm has “suffered significant overall losses”, according to a new report.
Lamprell deal ‘failure of policy’, claims former UK energy minister
Former UK energy minister Brian Wilson has criticised the decision to hand the multi-million Moray East Offshore Windfarm deal to Lamprell, describing it as representing “a major failure of policy”.
BiFab contract hopes dwindle as Belgian firm hotly tipped to win Moray East fabrication deal
Burntisland Fabrication’s (BiFab) hopes of winning a substantial portion of a huge north-east fabrication contract was hanging in the balance last night as it emerged a Belgian firm is tipped to take the lion share of the deal.
Moray East wind contractor posts multi-million loss for 2018
A United Arab Emirates-based firm brought in by Moray East Offshore Windfarm has posted multi-million losses in 2018.
Lamprell secures contract for construction of two rigs
Lamprell has received a letter of intent for the construction and delivery of two jackup drilling units.
UAE firm handed £160m Moray East fabrication deal
United Arab Emirates-based firm Lamprell has been handed a £160 million fabrication contract for the Moray East Offshore Windfarm.
Joint venture behind new Saudi maritime yard up and running
A joint venture which was set up to develop a major maritime yard in Saudi Arabia is up and running.
Lamprell shares drop as rig builder warns of lower revenues
Lamprell’s shares dropped 12% in London this morning after the rig builder said its full-year revenues would be below guidance.
Lamprell buries hatchet with Schlumberger subsidiary, two new rigs ordered
Dubai-based rig builder Lamprell has agreed a settlement with a subsidiary of Schlumberger over costs incurred on equipment delivered in 2016.
Lamprell completes Abu Dhabi rigs order
Lamprell has delivered the final jack-up drilling rig in a series of nine to Abu Dhabi’s National Drilling Company (NDC).
Eight rigs down, one to go for Lamprell in NDC order
Rig builder Lamprell said today that it had finished building another jack-up for Abu Dhabi’s National Drilling Company (NDC).
Lamprell axed 20% of workforce in 2016
Lamprell made a further 20% cut to its headcount last year including some positions at senior management level.
Contract for North Sea wind farm project secures 200 Belfast jobs
A contract for the assembly of wind turbine jackets will secure up to 200 jobs at Harland and Wolff (H&W) in Belfast.
Lamprell hands over new rig to Ensco
Lamprell has completed the construction and delivery of a new jack-up drilling rig.
New boss for Lamprell
A new chief executive has taken over the helm of Lamprell.
Lamprell is biggest riser on London Exchange after contract win
News of a lucrative contract win propelled oil rig builder Lamprell to top spot on the London Stock Exchange's list of risers this afternoon.
Lamprell to upgrade vessel for Statoil North Sea field in $90m deal
London-listed oil rig builder Lamprell has netted a $90million contract for upgrading a vessel for Statoil’s Johan Sverdrup field in the North Sea.
Lamprell predicts lower than expected revenue on Ensco deduction
Lamprell has said it expects its full-year revenue to be slightly below analysts' estimates after being hit by a deduction of $25million from its final payment made by Ensco caused by late delivery of a rig.
Lamprell facing shareholders on rig delivery mishap
Lamprell is expected to face investors this week after a customer delivery mishap.
Lamprell in rig delivery delay
Lamprell said a rig which had been scheduled for delivery in the second quarter of this year has been delayed.
Lamprell Energy signs MOU for maritime complex
Lamprell Energy said it has signed an MOU (Memorandum of Understanding) with Saudi Aramco, Bahri and Hyundai Heavy Industries for a collaboration on creating a maritime complex in Saudi Arabia.
Lamprell employs 1,500 project personnel to cope with increased orders
Engineering services company Lamprell said it had increased its workforce by 1,500 in response to increased project construction work in the Middle East.
Lamprell chief to retire
A search is underway to find a new chief executive for rig designer and builder Lamprell after James Moffat announced his retirement.