$400-million pipeline installation contract in Brazil

Philippe Lamoure, vice president of Acergy in South America, said: “This contract award confirms our leading position in the delivery of lump-sum EPIC contracts in Brazil, following the award of the Petrobras PRA-1 contract, which is now in the installation phase, and the Chevron Frade contract that installs in 2008. Acergy also has three ships on long-term day rate contract with Petrobras, with the most recent of these, the Pertinacia, starting a six-year contract shortly.”

The company is a seabed-to-surface engineering and construction contractor for the offshore oil and gas industry world-wide, and its activities include planning, design, and delivery of complex, integrated projects in often-harsh and challenging environments.

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