JUST RELEASED - from MR OIL's BLOG3 Aug 2016 13:29
Lamprell
After a very long search for a new CEO, Lamprell have alighted on Chris McDonald recently of Petrofac and formerly of Halliburton/KBR, no surprise there then. He will succeed the brilliant Jim Moffat who’s only Achilles heel is his irreplacability but i’m sure that he will use his short period of consultancy to pass on pearls of wisdom. Life is hard for Lamprell at the moment, made better by the overhang of a good order book last year but new contracts will be needed in the second half to avoid a nasty crunch.