Stolt Offshore Awarded Extension to Moho-Bilondo Project

Stolt Offshore has been awarded an extension to the recently awarded Total E&P Congo Moho-Bilondo deepwater field development offshore Congo. The extension, valued at approximately $55 million is for the engineering, procurement, installation and commissioning of a 16" diameter export pipeline from the Floating Production Unit of the Moho-Bilondo field to the Djeno Terminal. The installation work will be performed by the Seaway Polaris in 2007.

Bruno Chabas, Chief Operating Officer said "We are delighted to be awarded this contract extension and we are happy to be able to support Total in their ambitious plans to develop new fields in the Congo."

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Posted 18/11/05

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