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Acergy Awarded $670 Million Contract for Offshore Angola Project

12-02-2007

Acergy has been awarded a contract valued at approximately $670 million for the engineering, procurement, fabrication and installation of an export line, rigid in-field pipelines, riser, manifolds and control umbilicals offshore Angola in water depths from 20 to 1,200 meters.

Fabrication will be undertaken at the Sonamet yard in Lobito.

Offshore installation is scheduled to commence in the fourth quarter of 2008, using the Acergy Polaris and the Polar Queen.