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BRIEF-Lamprell wins $390 mln contract from Ensco International
April 15, 2014 / 1:40 PM / 3 years ago

BRIEF-Lamprell wins $390 mln contract from Ensco International

April 15 (Reuters) - Lamprell Plc

* Contract award

* New contract award from Ensco Intercontinental GMBH, a subsidiary of Ensco Plc

* Contract is valued at approximately us$ 390 million (excluding options)

* Delivery of first rig to Ensco scheduled to take place in Q2 2016 with second rig being delivered in Q3 2016

* Under contract terms, Ensco also has options for Lamprell to build two further jackup rigs of same design and these options are exercisable within a period of six months from effective date of contract

* Will fabricate both jackup rigs in its Hamriyah Yard, located in United Arab Emirates Source text for Eikon: Further company coverage:

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