Lamprell secures big rig contract

Oil and gas engineering firm Lamprell said it had secured a 227 million dollar contract from an unnamed drilling contractor to build one of its popular jackup rigs.

Oil and gas engineering firm Lamprell said it had secured a 227 million dollar contract from an unnamed drilling contractor to build one of its popular jackup rigs.

The rig is designed to operate in water depths of up to 350 feet and will be able to drill to a depth of 30,000 feet.

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