Rig contract loss fails to de-rail Redhall
7th April 2009
SPECIALIST engineering support services group Redhall said that it has made "noteworthy progress" despite the loss of one of its key contracts earlier this year.
Redhall lost a £9m oil rig fit-out in February after the contract was cancelled by Sea Dragon Offshore.
However, the Wakefield-based group said in a trading update today that it was continuing to make progress and that its steels and engineering services were peforming strongly with both winning key contracts.
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