Contractors Unlimited

Acergy S.A. Awarded $500 Million Contract Offshore Nigeria

Acergy Logo Acergy S.A. announced today the award of a contract valued at approximately $500 million from Chevron Nigeria Ltd for their gas development programme in Escravos, offshore Nigeria, in water depths of up to 40 metres.

This engineering, procurement, fabrication, transportation, installation, tie-in and commissioning contract includes the procurement and installation of over 130 km 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 Q4 2010.

Bruno Chabas, Acergy's Chief Operating Officer, said: "We are delighted to have been awarded this contract which leverages our strong local engineering and project management skills in Nigeria and further re-enforces Acergy's strong presence in the upgrade and development of conventional oil and gas fields in West Africa."

Posted 19/10/09

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