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Lamprell zoomed 55% to 18p on Wednesday afternoon on the back of a new contract award by Sharjah National Oil Corporation valued between US$6-50mln. The oil services firm will undertake engineering, procurement, installation and commissioning contract associated with the Mahani gas and condensate field in the UAE. Scheduled for completion in early 2021, Lamprell's scope of work is specific to the Mahani Extended Well Test project.
