Lamprell wins Abu Dhabi US$ 365 mn drilling rig contract

Posted on 13th November 2014

Lamprell, a leading provider of diversified fabrication, engineering and contracting services to the onshore and offshore oil and gas and renewable energy industries, has clinched a US$ 365 million contract from National Drilling Company (NDC) in Abu Dhabi, UAE.

Lamprell Oil Rig construction

As per the contract, Lamprell will be responsible for the construction and delivery of two high specification jackup drilling rigs of a Super 116E (Enhanced) Class.

Commenting on the win, CEO James Moffat, said: "Lamprell has previously been awarded contracts by NDC for a series of six identical rigs and we are on schedule to complete construction of the final two jackup rigs, having delivered the first four on time and on budget."

As with the units under construction, these newly-ordered rigs will be completely outfitted, LeTourneau-designed, self-elevating mobile offshore drilling units of a Super 116E (Enhanced) Class design with rated drilling depth of 30,000 feet, he added, according to news reports from Trade Arabia.

The rigs will be constructed at Lamprell's facility in Hamriyah, UAE, with planned delivery dates in the fourth quarter of 2016 and second quarter of 2017 respectively, said the statement from Lamprell.

Under the contract terms, NDC also has the right to exercise options for Lamprell to build up to an additional three jackup rigs of the same design.

"With this latest contract win, Lamprell has been awarded a total of six firm jackup rigs in 2014. This reflects Lamprell's position as a leading fabricator of jackup rigs to the global energy market and extends our growing order book out to mid-2017," he added.

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