Acergy has been awarded a contract valued at approximately $1.3 billion for the engineering, procurement, fabrication and installation of Total's Clov deepwater development, offshore Angola.
Engineering will commence with immediate effect with offshore installation scheduled to commence 4Q 2012, using the Acergy Borealis, our new state of the art pipelay ship, the Acergy Eagle and Acergy Legend.
Production at the Clov development is to start up in 2012.