Lamprell, Swiber win EPIC contract for gas platforms offshore India

Lamprell (LAM), a leading provider of specialist engineering services to the international oil & gas industry, is pleased to announce that it has received a US$ 39.4 million new contract award from a leading oil and gas operator in India.

The Engineering, Procurement, Installation & Construction contract has been awarded to Lamprell and its consortium partner Swiber Offshore Construction Pte Ltd. ("Swiber"). Under the consortium arrangement Lamprell will design and construct two offshore well head platforms for an offshore gas field development in India, and Swiber will undertake the transportation, installation and pipeline aspects of the project. Lamprell's revenue from this contract is expected to be US$ 39.4 million.

The well head platforms comprise of piles, jacket and topside platform and Lamprell will undertake this project at its Jebel Ali facility. The load out weight of each platform (with jacket and piles) will be in excess of 2,000 tonnes. Delivery of the platforms at Lamprell's Jebel Ali quayside is scheduled for December 2010.

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