$500 million EPIC contract awarded to Acergy for offshore Nigeria

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    Chevron Nigeria

    LONDON –– Acergy S.A. announced today the award of a contract valued at approximately $500 million from Chevron Nigeria Ltd for their gas development programme in Escravos, offshore Nigeria, in water depths of up to 40 metres.

    This engineering, procurement, fabrication, transportation, installation, tie-in and commissioning contract includes the procurement and installation of over 130 km of pipelines, the fabrication and installation of 15 risers and 3 subsea tie-ins and the installation of over 40 crossings.

    Engineering will commence immediately, with offshore installation due to commence in Q4 2010.

    Bruno Chabas, Acergy’s Chief Operating Officer, said: “We are delighted to have been awarded this contract which leverages our strong local engineering and project management skills in Nigeria and further re-enforces Acergy’s strong presence in the upgrade and development of conventional oil and gas fields in West Africa.”

    Acergy has not released the names of the vessels to be used in the project.

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