Technip has been awarded two contracts by the international energy company Statoil, worth a total of around US$69.5 million, for the Vilje South field and Visund North developments located in the North Sea at water depths of 120 and 385 metres respectively.
These contracts cover the welding and installation of a 10 kilometer production flowline (a 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), subsea equipment installation and tie-ins, umbilical (an assembly of steel tubes and/or thermoplastic hoses which can also include electrical cables or optic fibres used to control subsea structures from a platform or a vessel), installation and tie-ins.
Technip’s operating center in Oslo, Norway will execute the contracts. Flowline welding will take place in the Group’s spoolbase in Orkanger, Norway, while installation will be performed with the Apache II, a pipelay vessel from Technip’s fleet, in mid-2013.
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