Subsea Ultra-Deepwater Market Alliance

Press Release
Thursday, October 18, 2012

Technip and Heerema Marine Contractors sign a worldwide alliance agreement to share in offshore sector activities.

The two companies intend to combine their capabilities to help their clients best address the fast growing subsea ultra-deepwater market.

Ultra-deepwater projects are expected to be the fastest growing part of the subsea market over the next several years, developments expected to have significant challenges for clients.  For example, ultra-deepwater infield pipelines are forecast to grow at a yearly pace more than 15% between 2012 and 2017.

The five-year alliance agreement makes available the complementary assets of the two companies for ultra-deepwater EPCI (Engineering, procurement, construction and installation) projects in all subsea markets requiring substantial tensioning capability and brings:
    •    Worldwide commercial footprint,
    •    International network of engineering centers,
    •    Leading edge technologies supported by growing R&D spend,
    •    Strong project management capabilities and experience in very large and complex ultra-deepwater projects,
    •    Unmatched network of logistic bases and manufacturing plants,
    •    High tension J-Lay vessels, provided by Heerema through their installation vessels Aegir (under construction) and Balder,
    •    S-Lay and Reel-Lay assets of both companies, as needed.

Technip and Heerema teams start to work together immediately to implement this exclusive agreement.




 

Maritime Today


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

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

Contracts

New 'Mega Passenger Ship' for Star Cruises

Elomatic Ltd and Deltamarin Ltd have signed a tri-party engineering contract with shipbuilder MV Werften for the design of Star Cruises’ new Global Class “mega passenger ship,

Daewoo Shipbuilding: $1.4 bln order Cancelled

Cancelled order part of Statoil's Bressay project. South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd on Friday said a 1.58 trillion won ($1.41 billion)

Asia Tankers-VLCC Rates Falter on Oil, Tanker Supplies

MidEast, West Africa rates hit 11-month low. Freight rates for very large crude carriers (VLCCs), which hit an 11-month low this week, could slide further next

Offshore

Det Norske to Restore Production at Alvheim after Leak

Norwegian oil firm Det norske said it expected to reach full production at its Alvheim FPSO (floating storage, offloading and producing unit) overnight after a leak,

Damen Presents Decommissioning Vessels Concept

Damen Shipyards Group has announced its latest concept design: the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas

Cambodia Urged ASEAN to Avoid Words That Escalate Tension

Cambodia advised a grouping of South East Asian nations to avoid using words that "would escalate tension between China and the Philippines" in a weekend statement,

 
 
Maritime Contracts Maritime Standards Navigation Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.0733 sec (14 req/sec)