Technip Wins Large Offshore Subsea Deal

Published at 08:34AM - 27/07/16

Technip announced today it has been awarded a large subsea contract by Woodside to support the development of the Greater Enfield Project, located offshore Western Australia.

The contract covers management, design, engineering, procurement, installation and pre-commissioning (EPIC).

“We are very pleased to have been awarded this large contract by Woodside in this competitive business environment, in addition to demonstrating Tedchnip’s leadership and long-term presence in Australia and Asia Pacific,” Technip Asia Pacific President Arnaud Pieton, said.

Technip Gets Large Deal Offshore Australia

The Greater Enfield Project is located at water depths comprised between 340 and 850 metres (1,115 and 2,788 feet).

The work scope will include a carbon steel production flow line, a carbon steel water injection flow line, flexible risers and flow lines totalling 82.2 kilometres (51 miles).

Technip Deep Energy Offshore Pipelay Vessel
Technip Deep Energy Offshore Pipelay Vessel

As well as this, it comprises 38.9 kilometres (24.1 miles) of umbilicals, subsea structures and valves and a multi-phase pump system.

The contract will be executed by Technip’s operating centre located in Perth, Australia, with the support of the company’s Asia Pacific Subsea Hub in Kuala Lumpur, Malaysia and Chennai, India.

Technip Adopts Integrated Approach

According to a statement by Technip, the Group will leverage its “unique subsea integrated approach from fabrication to installation”, with flexible pipes manufactures at its plant in Malaysia (Asiaflex Products) and umbilicals supplied by its facility in Newcastle, UK (Technip Umbilicals).

Additionally, offshore installation will be made using several vessels from Technip’s fleet and is expected to be completed in 2018.

Although the firm did not disclose the value of the deal, it explained that all “large” subsea contracts range from 250 to 500 million euros (£209.6 to £419 million).

This is the second contract win for Technip this week, after having signed an agreement with Repsol Sinopec Resources UK Limited for inspection, repair and maintenance (IRM) works on its North Sea subsea infrastructure by the end of this year.