Lamprell scores another contract from Petrofac

AIM-listed engineering group Lamprell announced it has won a new contract with FTSE 100 constituent Petrofac Emirates for the production and delivery of 29 modules.The modules are being constructed for use in connection with the Zakum Development company one of Abu Dhabi Oil Company's landmark field development based in the region.The estimated total weight for all of the modules will be approximately 10,000 tonnes. Lamprell will deliver the first shipment of modules in the second quarter of 2015, with the final pipe-rack expected to be delivered in first quarter 2016. Chief Executive Officer James Moffat said: "We are pleased to announce this new contract from Petrofac, for whom Lamprell completed similar works last year for the Laggan Tormore development in the North Sea." As of 09:24 the share price had risen 0.09% to 145.75p. WS