Business | Oil & Gas
Dubai-based company wins BassDrill drilling unit contract
Lamprell Plc, a Dubai-based oilfield services company, won a $204.5 million contract to supply BassDrill Ltd. with two drilling units.
- Bloomberg
- Published: 13:09 June 24, 2008
Dubai: Lamprell Plc, a Dubai-based oilfield services company, won a $204.5 million contract to supply BassDrill Ltd. with two drilling units.
The first unit, complete with living accommodation, will be delivered in 2009, the company said on Tuesday in a statement via the Regulatory News Service.
Delivery of a second unit is conditional on BassDrill raising the finance to fund the construction, Lamprell said.
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