Acergy S.A. Awarded $250 million Contract in Angola
Acergy announced today the award from Angola LNG Limited of a contract for the development of the nearshore/onshore segment of the pipeline network required for the transportation of gas from Blocks 0, 14, 15, 17 and 18 to Angola LNG's plant in Soyo, Angola. Angola LNG Limited's shareholders are affiliates of Chevron, Sonangol, BP, Total and ENI.
The contract awarded to a consortium of Acergy S.A. and Spiecapag,
a subsidiary of Entrepose
Contracting, is for $550 million, of which Acergy's share represents approximately $250 million.
Acergy's nearshore scope includes the engineering, procurement, fabrication and installation of
approximately 50km of pipeline from Blocks 0, 14, 15, 17 and 18. It also includes the shore
approach and above water tie-ins for these pipelines, together with the offshore crossing and
hydrotesting. Engineering will commence with immediate effect with offshore installation
scheduled to commence in the fourth quarter of 2009, using Acergy Hawk, Acergy Legend and
Acergy Polaris.
Olivier Carre, Vice President Acergy Africa and Mediterranean, said: "We are delighted to have
been awarded this contract which represents an important development in Angola's plans to
reduce flaring from deep water blocks through the production of Liquefied Natural Gas and condensate."
Posted 15/12/08
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