In this section
Overview
Expanding into New Sectors
Special feature: MIS integration
A strong complementary fit between Lamprell and MIS
The combination of the two entities’ strengths enhanced the Group’s positioning as a leading provider of engineering & contracting services to the onshore and offshore oil & gas and renewable energy industries, providing extra capacity and key resources and adding a number of established businesses to the Group.
Acquisition highlights
- Providing complementary business areas, particularly in onshore service offerings
- Enhancing in-house engineering capabilities
- Adding extra capacity and resources
- Adding a number of established businesses in target geographies
- Providing an enlarged customer base with a wider service offering
- Consolidating Lamprell’s position as a regional market leader in the rig market
- Achieving cost and revenue synergies between two highly complementary businesses
Explore
- Highlights 2011
- Lamprell at a glance
- Performance
- Chairmans statement
- Chief Executive's Review
- Review of operations
- Risk assessment
- Financial review
- Corporate social responsibility
- Board of Directors
- Corporate governance
- Financial statements
- Download centre
- Shareholder information
Download a PDF of the 2011 Annual Report