Heavy workload for re-named Stolt

Acergy, ex-Stolt Offshore, has an unusally large North Sea construction order book, and is recruiting more engineers in response

Offshore staff

(Europe) - Acergy, formerly known as Stolt Offshore, picked up North Sea orders totalling $330 m in the last quarter of 2005. This compares with a figure of $170 m for the same period in 2004, and reflects the rapid recent growth in subsea construction and maintenance in the sector, the company says.

Last year, the company recruited an additional 140 personnel to its Northern Europe and Canada business, bringing the total to over 2,000. This year, 50 more will join the Aberdeen and Stavanger offices, which are increasingly supporting Acergy projects elsewhere in the world.

All its fleet of pipelay, construction, maintenance and survey vessels in northern Europe were busy late last year, and activity levels are expected to be maintained throughout 2006. Next year, the company will take delivery of four new vessels.

2/20/06

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