Technip Win Subsea Work With Oil Major Statoil

Published at 09:31AM - 11/02/16

Technip win subsea work with oil major Statoil in a deal that will see them work across two offshore fields in the Norwegian North Sea.

Announcing the news Thursday, Technip said “We are delighted to have been awarded these two prestigious contracts by Statoil in a very competitive business environment.”

Technip Win Subsea Work

The deal has been split between two contracts, worth a combined NOK 400 million (US$ 46m), to cover work on the offshore Oseberg Vestflanken field and giant Johan Sverdrup field.

The Oseberg contract will see Technip fabricate and install; a 4.7 mile (7.5km), 14” production pipeline; and a 5.6 mile (9km), 10” gas injection pipeline; for the Oseberg Vestflanken 2.

Whilst the Johan Sverdrup contract will see Technip fabricate and install 18 mile (29km), 16” plastic lined water injection flowlines.

All work will be managed through Technip’s operating centre in Lysaker, Norway, whilst all fabrication work will be carried out at the company’s spoolbase in Orkanger, Norway.

Technip will use their state-of-the-art reel-lay vessel, Deep Energy, to complete the work which is scheduled for the second half of 2017.

Technip Deep Blue Vessel

Commenting on the awards, Technip Managing Director Norway, Odd Strømsnes, said: “This demonstrates Technip’s leading position in fabrication and installation of complex flowlines.”

“We are looking forward to execute these projects collaboratively with Statoil in order to achieve the project goals.”