Cal Dive Awarded Pipeline Project Worth $125 Million

Cal Dive International has been awarded a major project to install, trench, backfill, tie-in, and pre-commission a natural gas pipeline off the US East Coast. The project is expected to generate approximately $125 million in revenue and will employ four of the Company's key assets, including the Lone Star, a pipelay barge; the Atlantic, a derrick barge; the Kestrel, a dynamically positioned saturation dive support vessel; and one of the Company's four-point saturation diving vessels. The work is expected to commence in June of 2008 and will be performed in two seasons, with the remaining work scheduled in the summer of 2009.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Assembler
Expertise: Laborer|Mechanical Technician
Location: Moore, OK
 
United States Westlake: Material Handler II
Expertise: Heavy Machinery Operator|Materials Management |Warehouse Person
Location: Westlake, LA
 
United States Westlake: Operator - Crusher
Expertise: Refinery / Plant Operator
Location: Westlake, LA
 
search for more jobs

Brent Crude Oil : $53.96/BBL 0.35%
Light Crude Oil : $51.36/BBL 0.21%
Natural Gas : $3.209/MMBtu 0.34%
Updated in last 24 hours