Technip Confirms Statoil Contracts

Technip was awarded by Statoil two contracts for infield pipeline construction for the Johan Sverdrup Development and the Oseberg Vestflanken 2 projects.

The first development phase of Johan Sverdrup field, one of the largest oil fields in the North Sea, is targeted to be on-stream in 2019.

The Oseberg Vestflanken 2 project is a development of the oil and gas structures Alfa, Gamma and Kappa, located approximately eight kilometers northwest of the Oseberg field center.

The contracts awarded to Technip cover fabrication and installation of 29 kilometers of plastic lined 16” water injection flowlines for Johan Sverdrup, and fabrication and installation of 7.5 kilometers of 14” production pipeline and 9 kilometers of 10” gas injection pipeline for Oseberg Vestflanken 2.

While both projects will be executed by Technip’s operating center in Lysaker, Norway, the flowlines will be welded and fabricated at the Technip spoolbase in Orkanger, Norway.

The installation will be carried out by Technip’s reel-lay vessel ‘Deep Energy’, during the second half of 2017.

According to Statoil’s statement issued earlier this month, the combined contract value is approximately NOK 400 million (approx. USD 47 million).

Odd Strømsnes, Managing Director of Technip in Norway, said: “We are delighted to have been awarded these two prestigious contracts by Statoil in a very competitive business environment. This demonstrates Technip’s leading position in fabrication and installation of complex flowlines. We are looking forward to execute these projects collaboratively with Statoil in order to achieve the project goals.”