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Acergy, Spiecapag share $550M Angola LNG order


Published Dec 15, 2008
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Acergy awarded $400 million contract in Brazil-Spotlight

Angola LNG Ltd. has awarded a $550 million contract to Norway-based offshore engineering outfit Acergy and Spiecapag, a business of Entrepose Contracting, to develop onshore and nearshore gas pipelines.

The pipe network will take gas from Angolan Blocks 0, 14, 15, 17 and 18 to Angola LNG’s plant in Soyo, Angola. Chevron, Sonangol, BP, Total and ENI own Angola LNG Ltd.

Acergy will earn a $250 million share of engineering, procurement, building and installation work for 50 kilometres of pipeline.

Offshore installation is set to start at the end of 2009 with three Acergy vessels.

The work is partly intended to cut falring from Angola’s deepwater blocks by producing what would have been much associate gas.

Tags: Acergy, Entrepose Contracting, Spiecapag




   

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