Lamprell Wins $62m Iraqi Oil-Rig Contract

Oil engineering company Lamprell has announced that it has been awarded a contract by Leighton for the fabrication of two topsides and jackets with metering skid and associated piping in connection with the Iraq crude oil export facility reconstruction.

The deal is valued at USD 62 million. The works will be performed at Lamprell’s Sharjah facility and are due for delivery in Q4 2012.

Nigel McCue, Chief Executive Officer, Lamprell, said:

Lamprell continues to make significant progress on a range of fronts. Iraq represents a key target market for Lamprell, and as such we are particularly excited to be announcing this significant new contract win with Leighton.

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