AC Marine has secured a contract for the MOHO-BILONDO project to be located on the coast of Congo, West Africa. The end user is the French oil company TOTAL and our client is Hyundai Heavy Industries (HHI) in Ulsan, Korea. AC Marine will deliver the HVAC systems for the accommodation and machinery area of the floating production barge (FPU) of this project.

The contract includes engineering, delivery of equipment and commissioning of the HVAC systems. First phase of engineering will soon be finalized and equipment delivery will be beginning in third quarter of 2006. Commissioning and start-up of the HVAC systems will be in the second quarter of 2007.