Lamprell hit by $180m impairment

UAE rig builder takes writedown on 2011 MIS acquisition and braces itself for ‘toughest year’ ahead

Large impairment: for Christopher McDonald-led Lamprell

Eoin O'Cinneide

United Arab Emirates Christopher McDonald Niall O?Connell Lamprell Middle East

Published 24 March 2017, 08:26Updated 24 March 2017, 08:29