Stolt Offshore Wins LOI for Work in Northern Europe & Canada

Stolt Offshore has signed a letter of intent for flowline installation and construction work on an offshore field development in its Northern Europe and Canada Region valued at approximately $120 million. This central North Sea project will make significant use of Stolt Offshore's major construction assets with offshore installation starting in 2006. Further details will be published when the contract for this project has been signed.

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