Dubai: The Middle East offices of Clyde & Co are acting for the Sharjah-based Lamprell Group, a leading supplier of specialised services to the offshore oil and gas industry, in its proposed flotation on the London Stock Exchange's AIM market for smaller sized companies. Owner Steve Lamprell is looking to sell a substantial part of his 100% stake in the company, which is involved in upgrading and refurbishing jack-up rigs, construction of newbuild FPSO and other offshore structures, and oilfield engineering services. [13/09/06]
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