Technip Bags Subsea Installation Contract from Apache Energy (Australia)

Technip was awarded by Apache Energy Ltd a subsea installation contract worth approximately $60 million (about €50 million) for the Balnaves oil field development, located in the Carnarvon Basin, offshore North Western Australia, at a water depth of approximately 135 meters.

The contract includes the project management, design, engineering and installation of seven kilometers of flexible flowlines and risers, three kilometers of umbilicals, manifolds, spools, flying leads and jumpers, and a mooring system and riser column.

Technip’s operating center in Perth, Australia, will execute the contract, with engineering to commence immediately. The project is scheduled to be completed during the second half of 2013. Technip’s new-built multipurpose installation and construction vessel, the Deep Orient, will be used during the offshore campaign and will commence operations in 2013.

Technip is a world leader in project management, engineering and construction for the energy industry. From the deepest subsea oil & gas developments to the largest and most complex offshore and onshore infrastructures, Technip’s 30,000 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.

Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.

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Subsea World News Staff , July 10, 2012;  Image: Apache Energy