The United Arab Emirates-based player isrecovering from financial difficulties largely caused by operational issues andnewbuild delivery delays.
“Aswe move into 2014, we remain focused on the conversion of our pipeline ofopportunities into contract wins and on delivering sustainable growth,”London-listed Lamprell said.
“Whilemarket conditions remain competitive and delays in project awards remain a featureof the industry at the present time, we are in active dialogue with a number ofprospective clients for new orders and the level of our tendering remainspositive.”
Thepositive
