Acergy wins Gjøa, Morvin contracts

StatoilHydro has awarded Acergy two contracts valued at approximately $60 million for the Gjøa and Morvin licenses.

Offshore staff

LONDON -- StatoilHydro has awarded Acergy two contracts valued at approximately $60 million for the Gjøa and Morvin licenses.

The contract for the Gjøa project is for the pre-installation of static and dynamic umbilicals and flexible risers in 2009 and hook up of risers to the Gjøa platform in 2010.

The contract for the Morvin project is for the installation of a flexible riser, a direct electrical heating riser, a dynamic umbilical at Åsgard B, and two static umbilicals from Morvin to Åsgard.

All work will be completed in 2009.

"We are very pleased to be awarded these contracts from StatoilHydro," says Øyvind Mikaelsen, VP of Acergy Northern Europe and Canada. "Acergy has a long history in performing similar work for both Statoil and Hydro, and this is the first contract awarded by the merged company. Acergy has previous experience from the Åsgard area, and we look forward to undertaking a bigger part of the Gjøa field development."

03/28/2008

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