Acergy Gets $500 Million Contract Offshore Nigeria

Date : 10/19/2009 @ 3:17AM
Source : Dow Jones News
Stock : Acergy S.A. (ACY)
Quote : 16.0  0.0301 (0.19%) @ 5:05PM
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Acergy Gets $500 Million Contract Offshore Nigeria

   DOW JONES NEWSWIRES 

Acergy Monday announced the award of a $500M contract from Chevron Nigeria for their gas development programme in Escravos, offshore Nigeria.

 
   MAIN FACTS: 

-This engineering, procurement, fabrication, transportation, installation, tie-in and commissioning contract includes the procurement and installation of over 130km of pipelines, the fabrication and installation of 15 risers and 3 subsea tie-ins and the installation of over 40 crossings.

-Engineering will commence immediately, with offshore installation due to commence in 4Q 2010.

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

 
 

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