Lamprell signs ECA-backed loan to cover two jack-up rigs

In:

Infrastructure, Transport

Region:

Middle East & Africa

UAE-based offshore contractor Lamprell has secured funds for the continuation of the construction of two IMI newbuild jack-up rigs. Lamprell has agreed, in principle, the structure and commercial terms of a $45 million UAE export credit agency-backed revolving trade loan facility with two regional...

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