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ACGY Acergy S.A. - Ads Representing One Common Share (MM)

25.19
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Acergy S.A. - Ads Representing One Common Share (MM) NASDAQ:ACGY NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.19 0 01:00:00

Acergy Gets $190 Million Pact Offshore Brazil

01/12/2010 7:40am

Dow Jones News


Acergy (NASDAQ:ACGY)
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   DOW JONES NEWSWIRES 
 

Acergy said Wednesday it has been awarded a $190M contract from Petrobras for the Sul-Norte Capixaba Project, located offshore Brazil in water depths of between 30 metres and 100 metres.

 
   MAIN FACTS: 

-Acergy is working in consortium with Odebrecht Oil & Gas on engineering, project management, procurement and fabrication related scope.

-Acergy's project scope also includes the installation of an 18" 150 km rigid gas pipeline linking the Camarupim Field gas pipeline to the Parque das Baleias complex together with associated diving, construction and pre-commissioning activities.

-Total contract value is approximately $240M, of which Acergy's share is approximately $190M.

-Engineering will begin immediately with offshore installation scheduled to commence late 2011, using the Acergy Polaris and Acergy Harrier.

-By Stockholm Bureau, Dow Jones Newswires; +46-8-5451-3090; djnews.stockholm@dowjones.com

 
 

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