Acergy Awarded Contract for Medway Development Project

Acergy received a subsea contract from Dana Petroleum for the Medway Development project in the Dutch sector of the North Sea. The scope of work includes the tie-back of two subsea wells and the associated dedicated flowlines and umbilicals from the Van Nes and Van Ghent fields to the De Ruyter platform. Engineering is expected to commence immediately with offshore installation planned for completion in 2011. First production from Medway is expected in Q4 2011. Dana operates the Medway project, holding a 50% interest.

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