The UAE manufacturer also said it ended the year with ahealthy cash position and launched a jack-up rig in the Caspian Sea onschedule.
Lamprell has endured a tough year as project delays have hitthe bottom line and led to a raft of senior management changes and cost cuts.
These tighter cost controls together with improved revenueswere behind a significant improvement in the year-end cash position to around$100 million, Lamprell said on Wednesday.
The
