BP contracts Technip to switch Schiehallion FPSOs

Offshore staff

PARIS – Technip (PARIS:TEC) has won its largest UK offshore contract to date, valued at around $792 million, for work at BP’s Quad 204 project west of Shetland.

BP (NYSE:BP) is replacing the existing Schiehallion production floater with a new FPSO, and is installing extensive new subsea infrastructure. The aim is to recover an additional 450 MMbbl of reserves and to extend production through 2035.

Technip UK’s scope of work, includes:

· Removing the existing FPSO and mooring system

· Recovering all existing flexible risers and dynamic umbilical systems

· Positioning and installing the new FPSO and associated mooring system and anchor piles

· Supplying and installing 21 dynamic flexible risers

· Installing four static and dynamic umbilicals

· Coating, welding, and installing 15 steel pipelines, with a total length of 50 km (31 mi)

· Providing and installing flexible jumpers

· Installing manifolds, jumpers, and infrastructure.

Offshore work should start in 2013. Technip’s office near Aberdeen will manage the contract while the company’s spoolbase in Evanton, northern Scotland, will fabricate the 15 steel pipelines. The Le Trait facility in northern France will manufacture all flexible pipelines.

Various vessels from Technip’s fleet will execute the installations, and they too will be managed from the Aberdeen office.

3/26/2012

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