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Contract Awards: Acergy S.A. awarded $670 million contract in deepwater Angola

Posted on 04.12.2007 - 10:00 UTC in CONTRACT AWARDS by Rons_ROV_Links

Acergy S.A. awarded $670 million contract in deepwater AngolaAcergy S.A. (NASDAQ NM: ACGY; Oslo Stock Exchange: ACY) announced today the award of a contract valued at approximately $670 million for the engineering, procurement, fabrication and installation of an export line, rigid in-field pipelines, riser, manifolds and control umbilicals offshore Angola in water depths from 20 to 1,200 metres.

Fabrication will be undertaken at the Sonamet yard in Lobito. Offshore installation is scheduled to commence in the fourth quarter of 2008, using the Acergy Polaris and the Polar Queen.

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