52 Week Range
As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay
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Injazat And Lamprell Sign MOU To Create, Market Digital Solutions
Lamprell Plc's HI Loss Widens
Lamprell Narrows Revenue Guidance For 2019 To $275-$350 Million
Lamprell Plc is an United Arab Emirates-based company, which provides fabrication, engineering and contracting services to the offshore and onshore oil & gas and renewable energy industries. The Company operates through five segments: New Build Jackup Rigs segment is engaged in the building of drilling rigs and jackup liftboats; Offshore Platforms cover variety of offshore construction projects including complex living quarters, wellhead decks, topsides, parts for floating production storage and offloading and other offshore fixed facilities; Modules segment includes fabrication of packaged, pre-assembled, modularized units and accommodation modules, and process modules for onshore Liquefied Natural Gas and downstream modular construction projects; Oil & Gas Contracting Services include land rig services, rig refurbishment, engineering and construction services, as well as sunbelt safety services, and Services segment contains business from Operations & Maintenance and safety services.
Oil Well Services & Equipment
Jebel Ali Free Zone,
P.O. Box 33455
John M. Malcolm
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Chief Financial Officer, Executive Director
Vice President - HR & Administration
General Counsel and Company Secretary
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British oil rig builder Lamprell forecast a bigger drop in full-year revenue on Thursday, partly due to delays in major project awards, sending its shares down 9 percent.
British oil rig builder Lamprell said on Wednesday it expects lower revenue this year and posted a core loss for 2017, hurt by lower spending by oil explorers and losses at a windfarm project.
Construction work has begun on a joint venture to build a shipyard on Saudi Arabia's eastern coast, oil rig builder Lamprell Plc said in a statement on Friday.
British oil rig builder Lamprell <LAM.L> sees full-year revenue slipping to the bottom of its guidance range because of stagnant oil sector investment and losses at a windfarm project, it said on Wednesday, sending its shares sharply lower.
Oil rig builder Lamprell Plc warned that full-year earnings would be materially below market expectations, hurt by losses from an East Anglia offshore windfarm project, sending its shares down as much as 19 percent on Thursday morning.
Oil rig builder Lamprell Plc said it expected 2017 earnings to be materially below market expectations, hurt by losses stemming from a contract for an East Anglia offshore windfarm project.
Oil rig builder Lamprell Plc cut its full-year forecast and said it did not expect revenue growth from potential contract awards until 2019 as lower activity levels continued to plague the industry.
Oil rig builder Lamprell Plc reported a 64.7 percent fall in revenue in the first half of the year and cut its full-year forecast, hurt by lower activity levels across the industry.
* LAMPRELL TALKS LED TO SCHLUMBERGER AWARDING TO LAMPRELL CONTRACT. THESE ARE BEING CONSTRUCTED IN LAMPRELL'S EXISTING FACILITIES IN UAE
Saudi Aramco plans to build the Gulf's largest shipyard through a joint venture with three companies that it announced on Wednesday, a $5.2 billion project aimed at helping reduce the economy's reliance on oil.
Saudi Aramco said on Wednesday it had signed a joint venture agreement with three firms to build a shipyard on the kingdom's east coast, part of the government's drive to diversify the economy beyond oil.
Oil rig builder Lamprell Plc <LAM.L> lowered its revenue forecast for this year and said it expected to start seeing a recovery in activity only in 2018.
Oil-rig builder Lamprell Plc said it cut about 20 percent of its administrative staff and expects 2017 to probably be the toughest year to date, despite early signs of recovery.
Oil-rig builder Lamprell Plc said it would continue to maintain a tight rein on costs as it stuck to its guidance of lower 2017 revenue and pointed to a "particularly cautious environment" for the year ahead.
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