Norway: Technip Wins USD 79.2 Million Subsea Contract from Statoil for Vigdis Field

Technip was awarded by Statoil a contract, worth approximately €55 million, for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220 – 310 meters.

This contract covers:

* welding and installation of flowlines*, including a 1.5 kilometer pipe-in-pipe production flowline and a 9 kilometer plastic-lined water injection flowline,

* supply of flexible tails for the flowlines,

* subsea equipment installation,

* installation and tie-ins of flowlines flexible tails, jumpers and umbilicals.

Technip’s operating center in Oslo, Norway will execute the contract. Flowline welding will take place in the Group’s spoolbase in Orkanger, Norway, while flowline installation will be performed with the Apache II, a pipelay vessel from Technip fleet, in mid-2012.

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Source: technip,May 09, 2011