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Acergy Awarded Contract in the North Sea

08 November 2010

Acergy has announced the award of a contract valued at approximately US$50 million from Dana Petroleum PLC on the Medway Development Project in the Dutch sector of the North Sea.

The contract is for the tieback 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 will commence immediately, with offshore installation due to commence and complete in 2011.