Lamprell awarded two new construction contracts by Nexen

abarrelfull wrote on 02 Nov 2011 12:13
Tags: lamprell nexen north-sea services uk

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Lamprell (ticker: LAM), a leading provider of specialist engineering services to the international oil and gas and renewables industry, is delighted to announce that it has been awarded two new construction contracts by Nexen Petroleum U.K. Limited in relation to the Golden Eagle Development in the UK North Sea, with a total contract value in excess of USD 200 million.

The first contract comprises a two level Wellhead (W) Deck, measuring approximately 50 metres by 50 metres and weighing approximately 4,000 tonnes. The W Deck will be constructed at Lamprell’s Jebel Ali yard, and is scheduled for completion in Q2 2013.

The second contract is for a three level Production, Utilities and Quarters (PUQ) Deck, measuring 85 metres by 40 metres, and weighing approximately 10,000 tonnes. The PUQ Deck will also be constructed at Lamprell’s Jebel Ali facility and is scheduled for completion in Q2 2014.
Commenting on the awards, Nigel McCue, Chief Executive Officer, said:

“Lamprell is delighted to announce these significant new contract wins and looks forward to working with Nexen on the successful delivery of these key projects. With these awards Lamprell now enjoys order book visibility extending into Q2 2014, whilst remaining active with existing contracts and a strong bid pipeline.”

• Lamprell PLC CONTRACT AWARDS

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