Cecon has today 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.
[mappress] Source: Cecon, October 6, 2011