Cecon Secures LOA for Subsea Installation in W. Africa

Cecon has received Letter of Award for a fast-track pipeline installation project in West Africa.

Engineering and Project Management will commence immediately with Installation expected completed by the end of 4Q2011.
The project will be executed using Cecon installation spread on a third party chartered installation vessel.

Cecon is expecting more contract awards within the next months to come, confirming the strong SURF market in several geographic regions.