Technip Awarded Contract for Two Field Developments in the North Sea
Posted on March 6, 2008 – 12:28 pm | by oilandgaspress.com
PARIS–(BUSINESS WIRE)–Regulatory News:
Technip (Paris:TEC) (ISIN:FR0000131708) has been awarded by Petrofac Energy Developments Ltd (Petrofac) a contract, worth approximately €36 million, for the development of the Don West and Don South West oil fields. These fields are located 150 miles off Shetland, in the United Kingdom North Sea and will be tied back to the Northern Producer floating production facility.
Technip’s operating center in Aberdeen (Scotland) will execute the contract.
It covers:
project management, assembly and installation of a production pipeline, a gas lift pipeline, a water injection pipeline and an oil export pipeline,
installation of a subsea structure, eight flexible risers(1) and two umbilicals(2), and
pre-commissioning, tie-ins and testing.
Offshore installation is scheduled for the third quarter 2008 using two vessels from Technip’s fleet, the Apache and the Wellservicer. The pipelines will be welded at the Group’s spoolbase in Evanton, Scotland.
(1) Riser: a pipe or assembly of pipes used to transfer produced fluids from the seabed to surface facilities, and transfer injection or control fluids from the surface facilities to the seabed.
(2) Umbilical: an assembly of hydraulic hoses which can also include electrical cables or optic fibres used to control subsea structures from a platform or a vessel.
With a workforce of 23,000 people, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. The Group is headquartered in Paris.
The Group’s main operating centers and business units are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the USA, Brazil, Abu-Dhabi, China, India, Malaysia and Australia.
In support of its activities, the Group manufactures flexible pipes and umbilicals, and builds offshore platforms in its manufacturing plants and fabrication yards in France, Brazil, the UK, the USA, Finland and Angola, and has a fleet of specialized vessels for pipeline installation and subsea construction.
The Technip share is listed in Paris on Euronext Paris.
Contacts
Technip
Public Relations
Yves Gautier, +33 (0) 1 47 78 25 33
Floriane Lassalle-Massip, +33 (0) 1 47 78 32 79
press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart, +33 (0) 1 47 78 66 74
kstewart@technip.com
Xavier d’Ouince, +33 (0) 1 47 78 25 75
xdouince@technip.com
or
Group website
http://www.technip.com
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