LAM Lamprell Plc

TIDMLAM

RNS Number : 3059O

Lamprell plc

04 November 2016

4 November 2016

LAMPRELL PLC

("Lamprell" or "Company" and with its subsidiaries the "Group")

DELIVERY OF JACKUP RIG TO ENSCO

Lamprell (ticker: LAM), a leading provider of fabrication, engineering and contracting services to the energy industry, is pleased to announce the completion of construction of the "Ensco 141" jackup drilling rig and its delivery to Ensco Intercontinental GmbH, a subsidiary of Ensco plc ("Ensco"). The contract for the "Ensco 141" rig was signed in April 2014 and this is the second rig with the LeTourneau Super 116E (Enhanced) Class design which Lamprell has delivered to this leading drilling operator. The rig will be warm-stacked alongside its sister rig at Lamprell's stacking facility in Hamriyah, United Arab Emirates. The Group currently has a further four new build jackup rigs under construction at its Hamriyah facility, which are progressing as planned and will be delivered over the coming 6 months.

Commenting on the delivery, Christopher McDonald, Chief Executive Officer, Lamprell, said:

"I am pleased to be marking the completion and delivery of this rig to Ensco, one of our key clients. Our combined project team has collaborated effectively and has performed well to deliver this project while at the same time maintaining an exceptional safety record. Lamprell has demonstrated its capability to fabricate high quality, complex products for use by leading operators in the global energy industry."

- Ends -

Enquiries:

 
  Lamprell plc 
   John Kennedy, Executive 
    Chairman                      +971 (0) 4 803 9308 
   Christopher McDonald, 
    CEO                           +971 (0) 4 803 9308 
   Tony Wright, CFO               +971 (0) 4 803 9308 
   Natalia Erikssen, Investor 
   Relations                      +44 (0) 7885 522989 
 
  Tulchan Communications, 
    London                    +44 (0) 207 353 4200 
   Martin Robinson 
   Martin Pengelley 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 04, 2016 03:00 ET (07:00 GMT)

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