Global Industries has announced that its wholly owned subsidiaries, Global Pipelines Plus Nigeria and Global Offshore International, have entered into a contract with a West African client to provide the transportation, installation and related services associated with the replacement and repair of a 24-inch pipeline offshore Nigeria.
According to the company, the contract is valued at approximately $100 million and mobilization is scheduled to begin in January 2009.
Global Industries, which provides offshore construction and engineering services to the oil and gas industry, will be utilizing its pipelay barge Cheyenne, assisted by a number of support vessels, to install the 24-inch replacement pipeline.
John Clerico, chairman and CEO of Global Industries, said: “We expect the award of this 2009 project to be the first step in our return to profitability in this region.”
Earlier in the first week of November 2008, Global Industries announced that its wholly owned subsidiary, Global Industries Offshore LLC was awarded a US$57 million project for Petrobras. The project includes laying pipe in the Mexilhao Field at Santos Basin. The project would be performed by the DLB Iroquois. The scope of work, which comprises operations in Sao Paulo State also included laying 22 km of 34” pipeline.
Global Industries provides services for the offshore oil and gas industry to meet the energy needs of the world while safeguarding people.