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LAMMon, 30th Jun 2014 06:14
LONDON, June 30 (Reuters) - Oil rig maker Lamprell said it expected its full-year earnings to be ahead ofexpectations, although it noted this would be heavily weightedtowards the first half of the year.
"The group has seen strong operational and financialperformance since the start of 2014 with the delivery of fourmajor projects in the first half," it said, adding that its bidpipeline remained strong.
(Reporting by Kate Holton; Editing by Karolin Schaps)
(Adds details on contracts) ABU DHABI, June 7 (Reuters) - The United Arab Emirates' National Drilling Company has signed contracts worth $543 million to buy 14 new rigs, state news agency WAM reported on Sunday. One offshore and one onshore rig, worth $203 million, will be built in th
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Lamprell: Citi reiterates neutral recommendation and raises target to 155p. British Land: JP Morgan ups target to 970p from 950p and stays at overweight. Derwent London: JP Morgan raises target to 3,900p from 3,800p but keeps at overweight. Great Portland Estates: JP Morgan lifts target to 920p fr
Read more** Rigmaker Lamprell up as much as 6 pct in healthy volume after Citi increases TP to 155p from 110p ** Lamprell well-positioned to capitalise on the continued strength in upstream activity in the Middle East, Citi analysts say in note ** Numis adds co to its Top Picks portfolio for J
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