Company
Headquarters: Dubai, United Arab Emirates
Employees: 5,000
CEO: Mr. Christopher McDonald
£37.6 Million
GBP as of Sept. 1, 2022
US$43.3 Million
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Lamprell plc, together with its subsidiaries, provides fabrication, engineering, and contracting services to the offshore and onshore oil and gas and renewable energy industries in the United Arab Emirates and Saudi Arabia. It operates through three segments: Rigs; Engineering, Procurement, Construction and Installation (EPCI); and Contracting Services. The Rigs segment offers new build jack up rigs, land rigs, and refurbishment services. The EPCI segment provides foundations, process modules, offshore platforms, pressure vessels, and engineering and construction services. The Contracting Services segment offers site works, operations and maintenance, manpower supply, and safety services. The company also fabricates various platforms, such as topsides, jackets, wellhead decks, living quarters, HVDC platforms, and other offshore fixed facilities, as well as offers fabricating packaged, pre-assembled, and modularized units. In addition, the company constructs accommodation and complex process modules for onshore downstream projects, and complex living quarters. The company was founded in 1976 and is based in Dubai, the United Arab Emirates.
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Lamprell plc has the following listings and related stock indices.
Stock: LSE: LAM wb_incandescent
Stock: FSX: L51 wb_incandescent
Stock: OTC: LMPRF wb_incandescent