Lamprell PLC (LAM.L)
18 Aug 2017
* LAMPRELL TALKS LED TO SCHLUMBERGER AWARDING TO LAMPRELL CONTRACT. THESE ARE BEING CONSTRUCTED IN LAMPRELL'S EXISTING FACILITIES IN UAE
* Production from 2019, full capacity by 2022 (Adds financial and business details, changes dateline)
DUBAI, May 31 Saudi Aramco said on Wednesday it had signed a joint venture agreement with three firms to build a shipyard on the kingdom's east coast, part of the government's drive to diversify the economy beyond oil.
March 24 Oil rig builder Lamprell Plc lowered its revenue forecast for this year and said it expected to start seeing a recovery in activity only in 2018.
March 24 Oil-rig builder Lamprell Plc said it cut about 20 percent of its administrative staff and expects 2017 to probably be the toughest year to date, despite early signs of recovery.