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.
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 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.
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 has been awarded a contract by NDC (National Drilling Company Abu Dhabi) for the construction and delivery of a high specification jack-up drilling rig.
The company has previously been awarded contracts by NDC for a series of eight rigs and this ninth rig will be the same design.
The LeTourneau-designed, Super 116E class mobile offshore drilling unit will be constructed at the company's facility in Hamriyah in the UAE (United Arab Emirates).
Lamprell has completed construction and delivery of a jackup rig off the coast of India.
The Jindal Pioneer rig was contracted in January 2013 and is the second the firm has delivered to Singapore based Dev Drilling.
The chief financial officer of a United Arab Emirates rig construction business has stepped down from her position with the company.
Joanne Curin was also on the board of Lamprell, which provides engineering contracts to the oil and gas industry.