Acergy S.A. awarded $1.3 billion contract for deepwater development offshore West Africa

abarrelfullabarrelfull wrote on 02 Jan 2013 14:01

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July 29, 2010

Acergy S.A. (NASDAQ-GS: ACGY; Oslo Stock Exchange: ACY) announced today the award of a contract valued at approximately $1.3 billion for the
engineering, procurement, fabrication and installation of a significant deepwater development, offshore West Africa.

Engineering will commence with immediate effect with offshore installation scheduled to commence Q4 2012, using the Acergy Borealis, our new state of the art pipelay ship, the Acergy Eagle and Acergy Legend.

The project is Total's CLOV development

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