Plans include a listing on London's Alternative Investment Market in October, which is expected to fetch about $560 million, and an initial investment of $50 million to complete the first phase of its massive new rig refurbishment facility in Sharjah's Hamriyah Free Zone.
"It will be the largest facility of its type in the Eastern hemisphere," Whitbread said.
The first-phase investment, due for completion in late 2008, will give Lamprell a facility with about 150,000 square metres of space and a quay stretching 1.25
