China Subsea Contract for Technip

Press Release
Monday, October 15, 2012

Technip in a consortium with Offshore Oil Engineering Co. Ltd (COOEC) wins a substantial subsea contract in China.

The contract, value  €200 million (Technip share: around €110 million)  was awarded by China National Offshore Oil Corporation (CNOOC) Deepwater Development Limited is for the South China Sea deepwater gas development project in the Panyu field, located about 150 kilometers South of Hong Kong.

The development consists in a new subsea production system with six wells and its associated control system tied up to a new central processing platform.
The contract covers the supply and installation of a 10” and a 6” diameter clad-lined pipelines, of steel tube umbilicals*, and associated equipments.

As leader of the consortium, Technip’s operating center in Kuala Lumpur, Malaysia, will execute the contract with the support of COOEC. Duco Inc., the Group’s umbilical manufacturer in Houston, Texas, will fabricate the umbilicals. Technip's subsidiary company in Kuala Lumpur, Genesis, will provide the engineering support and detailed design.

Offshore installation is scheduled to be completed in two phases during the third quarter of 2013 and the second quarter of 2014, using the Deep Orient, one of Technip’s deepwater construction vessels, and the HYSY 201, COOEC’s pipelay vessel.

Hallvard Hasselknippe, Chief Operating Officer of Technip Subsea Division, Asia Pacific stated: "This award represents a major step forward to reinforce Technip’s strong presence in the emerging Chinese subsea market. We are delighted to have COOEC as our consortium partner to deliver this prestigious project to our key client, CNOOC."


 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Demand, Bunker Pricing Spurs Asia Dry Bulk-Capesize Rates

Owners asking $1 per tonne more on Australia-China rates; Panamax rates climb to two-month high, but remain under pressure. Freight rates for large capesize

AWO Authorizes ClassNK to Perform RCP Audits

The American Waterways Operators (AWO) and ClassNK have signed an agreement under which ClassNK will be authorized to conduct audits of AWO's Responsible Carrier Program,

Radio Holland Wins Contracts for Canadian Coast Guard Vessels

Radio Holland Canada has won two major contracts to support the Canadian Coast Guard. Public Works and Government Services Canada, which is responsible for government procurement,

Offshore

India’s Potential in Offshore Wind Power

The Global Wind Energy Council (GWEC) launched a new report: “Supply Chain, Port Infrastructure and Logistics Study” for offshore wind development in the states of Gujarat and Tamil Nadu in India.

Lloyd's Register Extends Drilling Rig Integrity Support

Exploration begins by BHP Billiton using the Deepwater Invictus rig and supported by Lloyd’s Register’s rig integrity team. Lloyd’s Register (LR) announced it

Another Fugro Vessels Joins Largest SEEP-Hunting Survey

Fugro has deployed multi-purpose offshore survey vessel Fugro Gauss to join the Fugro Brasilis offshore Mexico, to help complete the world’s largest seep-hunting

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0827 sec (12 req/sec)