Lamprell announced that it has received a limited notice to proceed (LNTP) from the Saudi-based contractor, Baas Global Marine Services (BGMS), in anticipation of the full award in Q2 2022. The engineering and construction company did not provide the exact value of the contract, but specified that as per its classification, the large project is in the range of USD 51 million to USD 150 million. The scope of work under the LNTP is for early works, including the procurement of materials and mobilisation of the Group’s project management team.
Construction works have commenced on this project.
Project work is currently on hold.
December
10
2022
Saturday
LAST UPDATED
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