Important Offshore Contract for Technip
Technip awarded an important EPCI contract for the G1200 to develop the Starfish field in Trinidad and Tobago in the Caribbean. Technip wins a lump sum engineering, procurement, commissioning and installation (EPCI) contract with BG International Ltd (BG) for the development of the Starfish field. Located in the East Coast Marine Area, offshore Trinidad, the field lies at a water depth of approximately 130 meters and will be tied back to the existing Dolphin ‘A’ Platform operated by BG. Technip's operating center in Houston, Texas will perform the overall project management with detailed design being completed by Genesis, a wholly-owned Technip subsidiary. The umbilical will be manufactured by Technip’s Duco Inc.
China Subsea Contract for Technip
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.
