Rigid pipelay installation contract for Cecon

Contracts, Tenders and Rates - September 18, 2012

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Cecon says itssubsidiary Cecon NLhas beenawarded a Letter of Intent for acontract byGDF SUEZ E&P Nederland.

The Letter of Intent covers theinstallation ofrigid pipelines on three projects totalling 57km, all in the Dutch Sector of the North Sea, in the first half of 2013.

Cecon will execute pipeline installation with the DP pipelay and heavy lift vessel Sampson, which was due to be delivered to the company afterupgrading inAugust.

Cecon will undertakeproject management, including subcontractors and engineering, from itsDutch office in Leiden.

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