Ashurst advises Lamprell on major Saudi maritime yard joint venture
Ashurst advised Lamprell Plc, a leading provider of diversified fabrication, engineering and contracting services to the global energy industries, on a conditional agreement with partners Saudi Aramco, Bahri, and Hyundai Heavy Industries Co. Ltd. to participate in a joint venture with respect to the establishment, development and operation of a maritime yard for the construction, maintenance and repair of offshore drilling rigs and vessels.