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Lamprell Gets $365m Rig Contract From Abu Dhabi’s NDC

Lamprell Gets $365m Rig Contract From Abu Dhabi’s NDC

Lamprell’s shares rose as much as 5.8 per cent to 150.25 pence in morning trade, following the announcement.

British rig maker Lamprell Plc received a new contract worth about $365 million from Abu Dhabi’s National Drilling Co for two jackup drilling rigs.

Lamprell’s shares rose as much as 5.8 per cent to 150.25 pence in morning trade.

National Drilling also has the right to exercise options for three more jackup rigs of the same design, Lamprell said in a statement.

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