Stolt Offshore Wins Pipelay Contract in Trinidad

Stolt Offshore S.A. received a letter of intent from the National Gas Company of Trinidad and Tobago to install 62.9 km of 36-inch diameter gas transportation pipeline from the BP Cassia B platform to Rustville on the South East coast of Trinidad. The contract is valued between $50 - $60 million. Offshore installation will take place in the second half of this year.

Bruno Chabas, Chief Operating Officer, said, "We welcome this contract award for pipelay work in Trinidad, an increasingly important market for us and one in which we are committed to maximise the local content of our projects wherever possible. Through the use of our pipelay barge DLB 801, we are steadily building our share of this market. This important project award follows our current work in the Angostura field and the recently awarded Dolphin project."