Lamprell Plc

Sector: Heavy Construction Not Elsewhere Classified Region: United Arab Emirates

Exchange/Ticker: London Stock Exchange: LAM

Company Description

Lamprell Plc provides engineering and contracting services to the onshore and offshore oil & gas and renewable energy industries. The company operates through the following businesses: New Build Jackup Drilling Rigs, New Build Offshore, Rig Refurbishment, Engineering & Construction, Land Rig Services, Wind Farm Installation Vessels, Engineering Services, INSPEC, Sunbelt H2S Safety Services and Operations & Maintenance. The New Build Jackup Drilling Rigs business is engaged in the construction of new build jackup drilling rigs for international and regional drilling operators. The New Build Offshore business extends beyond jackup drilling covers a wide range of offshore vessels and structures, which includes the design and construction of process modules for floating production, storage and offloading units and floating storage and regasification units, tender assist drilling barges, mobile offshore production units, offshore drilling rig components and accessories, living quarters, turrets and other offshore fixed structures. The Rig Refurbishment business is engaged in the drilling services and upgrading or replacement of old, obsolete and sometimes damaged equipment and machinery. The Engineering & Construction business provides fully integrated engineered solutions to the onshore and offshore oil & gas and renewable energy sectors. The Land Rig Services business covers all projects and services related to onshore drilling rigs, oilfield service companies and drilling equipment refurbishment for land and offshore rigs. The Wind Farm Installation Vessels is engaged in the construction of wind turbine installation vessels. The Engineering Services business provides engineering solutions such as, concept engineering, FEED, design engineering, detailed & construction engineering, including offshore drilling rigs, land rigs, onshore and offshore engineering, procurement & construction projects, pipelines, pressure vessels, skids, modules, decks and jackets. The INSPEC business is engaged in the supply of inspection personnel and equipment for heat treatment and non destructive testing services to the oil & gas, district cooling and other infrastructure-intensive industries including desalination and energy. The Sunbelt H2S Safety Services business provides complete safety solutions, technical consultancy, services and support specialized in the detection and handling of the highly toxic H2S gas. The Operations & Maintenance business provides manpower, equipment and materials services to a diverse customer base at oil & gas and petrochemical facilities and plants, drilling rigs, offshore facilities, marine docks and marine vessels. Lamprell was founded by Steven D. Lamprell in 1974 and is headquartered in Dubai, the United Arab Emirates.

Similar to: Bellway Plc, SBM Offshore NV, Bilfinger Berger SE

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