Acergy Clinches $1.3B Contract for Clov

Acergy was awarded a US $1.3 billion contract for the engineering, procurement, fabrication and installation of Total's ClOV deepwater development. Engineering will commence immediately, and offshore installation is scheduled to start in the fourth quarter of 2012. The CLOV project is located on Block 17 offshore Angola. Total's Angolan subsidiary, Total E&P Angola, is the operator of Angolan Block 17 with a 40% interest. Partners in the license include Statoil with a 23.33% interest, Esso Exploration Angola with a 20% interest and BP Exploration Angola with a 16.67% interest.

continue reading about CLOV on SubseaIQ

continue reading the full article

SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.

Most Popular Articles