Acergy Gets $700m from Total for Angola Offshore Work

Wednesday, January 02, 2008
Acergy SA received a $700mcontract from Total SA for work on the development of Pazlor oil field offshore from Angola. Acergy said Wednesday it received the contract as part of a $1.8b award to a consortium with French oil services company Technip SA Acergy's portion of the project includes the engineering, procurement, fabrication and installation of 55 kilometers of water-injection lines, gas-injection and gas-exports lines, umbilicals and more than 20 rigid jumpers among others tasks.

The company said engineering will begin immediately; offshore installation is scheduled to begin in mid-2010. Acergy, a Sunbury-on-Thames, England, engineering and contruction contractor for the offshore oil and gas industry, had 2006 revenue of $2.12b.

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