Technip awarded new Subsea contract

Technip has announced that it has signed an agreement, worth around €30 million, with Statoil ASA for the fabrication and installation of a pipeline on the Marulk field in the North Sea.

Norway's Statoil is carrying out parts of the Marulk development project on behalf of the operator Eni.

The agreement will be executed by Technip’s operating center in Oslo, Norway. The pipeline fabrication will be completed by Technip’s Spoolbase in Orkanger, Norway while installation will be performed by Apache II, a newly converted vessel from Technip fleet, in the first half of 2011.

The Marulk field is located in the Norwegian Sea approximately 30 kilometers southwest of the Norne field at a water depth of 365 meters. The initial development will consist of two wells tied back to the Norne floating production, storage and offloading vessel (FPSO). This 30.5 kilometer-long tie-back is based on the use of Technip’s proven pipe-in-pipe technology.

(Budstikka/Press release)

Friday, 21 May 2010 06:41