Bouygues Offshore, through its Saibos CML subsidiary, has signed with Saipem Inc.
a pipelaying contract for the Canyon Express project
in the Gulf of Mexico
for TotalFinaElf E&P USA Inc.
The $30 million contract (USD 15 million for Bouygues Offshore) consists in: Commenting on this contract, Herve Le Bouc
, Chairman & CEO of Bouygues Offshore stated
: "It will be the first time in the world that one put down rigid pipe in such water depths. After Canyon Express, the Saibos FDS(R), a dynamically positioned vessel especially designed for deep water fields developments, will set sail for West Africa
to start the Girassol project."