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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Lamprell Plc | LSE:LAM | London | Ordinary Share | GB00B1CL5249 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 8.88 | 8.78 | 9.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
By Alex MacDonald
LONDON--U.K.-listed energy services firm Lamprell PLC (LAM.LN) said Tuesday it has signed a preliminary agreement with state-owned Saudi Aramco, the National Shipping Company of Saudi Arabia and Hyundai Heavy Industries Co. Ltd. (009540.SE) to consider establishing a Maritime Complex in Saudi Arabia.
The intended Maritime Complex will provide engineering, manufacturing and repair services for offshore rigs, commercial vessels and offshore service vessels.
Lamprell said the preliminary agreement may or may not lead to its participation in the potential maritime joint venture, adding that negotiations may last up to three months.
Write to Alex MacDonald at alex.macdonald@wsj.com
(END) Dow Jones Newswires
January 26, 2016 03:05 ET (08:05 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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