Technip awarded subsea contract for Gulf of Mexico oil field

Source: Technip

Technip (Paris:TEC.PA) (ISIN:FR0000131708) was awarded a lump sum contract by Anadarko Petroleum Corporation for the development of the Lucius field, located in the Keathley Canyon area of the Gulf of Mexico at a water depth of approximately 7,000 feet (2,130 meters).

The contract covers:

•installation of a flexible flowline(1), multiple flexible gas lift jumpers(2); main gas lift and infield umbilicals(3); subsea distribution units; electrical, fiber optic and hydraulic flying leads,
•design and fabrication of the flexible flowline end termination,
•fabrication and installation of rigid jumpers,
•burial of flowlines,
•flooding and hydro-testing of the flowline system.
Technip's operating center in Houston, Texas, will perform the overall project management.

This contract constitutes a significant milestone in Technip's recent acquisition of Global Industries as it will utilize a number of Global Industries key assets along with the Deep Blue, one of Technip's deepwater pipelay vessels, during the offshore installation phases in 2013 and 2014.

(1) Flowline: a flexible or rigid pipe, laid on the seabed, which allows the transportation of oil/gas production or injection of fluids. Its length can vary from a few hundred meters to several kilometers.

(2) Jumper: a short section of pipe for the connection of two subsea structures.

(3) Umbilical: an assembly of steel tubes and/or thermoplastic hoses which can also include electrical cables or optic fibers used to control subsea structures from a platform or a vessel.

For the most up to date and in-depth information on the offshore oil & gas market visit PennEnergy's comprehensive Research area to access industry focused Reports.


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