Cecon Receives LoA for Pipeline Installation Project in West 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 Q4/2011.

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.

About Cecon:

Cecon is a turnkey contractor involved in the fields of project management, engineering and subsea installation offering pioneering, cost-effective solutions and technologies to the oil and gas industry. An award winning business with patented pipelay technology and assets, Cecon has completed a range of projects worldwide primarily involving the installation of rigid and flexible pipelines. The 1600t Sampson DPIII pipelay / heavy lift vessel is part of the company”s marketed portfolio.

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Source: Cecon, October 06 , 2011