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Rig contract loss fails to de-rail Redhall

7th April 2009

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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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