Acergy Gets $110 Million Contract From Total E&P Angola, BP Angola

Date : 09/22/2009 @ 3:38AM
Source : Dow Jones News
Stock : Acergy S.A. (ACY)
Quote : 15.9699  0.0 (0.00%) @ 9:34AM
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Acergy Gets $110 Million Contract From Total E&P Angola, BP Angola

   DOW JONES NEWSWIRES 

Acergy said Tuesday it has been awarded the Block 17/18 GEP Phase 2 project, a contract valued at $110M, from Total E&P Angola and BP Angola (Block 18) B.V.

 
   MAIN FACTS: 

-Contract is for the installation of over 70km of 24" pipeline from Block 2, together with the associated jumper, PLET and tie-ins, to the Nearshore / Onshore pipeline in water depths up to 40 metres.

-Engineering will commence with immediate effect with offshore installation scheduled to commence in 2Q 2010, using Acergy Polaris, Acergy Hawk and Acergy Legend.

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com

 
 

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