Nordic Business Report-September 15, 2006-Subsea 7 Inc wins USD200m contract from Esso Angola Ltd
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Norwegian subsea contractor Subsea 7 Ltd said on Friday (15 September) that it has received a USD200m contract from Esso Angola Ltd.
The contract covers the design, pipe fabrication and installation of a total of 50 kilometres of flowlines at the Kizomba C Saxi-Batuque project in Block 15 offshore Angola.
In order to carry out the project Subsea 7 will further develop its fabrication operations in Luanda.
One US dollar (USD) is worth approximately 0.52 British pounds (GBP).
((Comments on this story may be sent to firstname.lastname@example.org))