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Wind farm contract opens up new avenue for oil rig specialist

Oil rig refurbishment and construction outfit Lamprell (LAM) retains its recent share price momentum off the back of a $225m contract on a new wind farm in the North Sea from ScottishPower Renewables. Deliveries are to be made between March and October 2018. The contract looks material in the context of the $400m to $500m guided revenue for 2017. (TS)

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