Technip Wins Balnaves Field Subsea Installation Gig (Australia)

Business & Finance

Technip Wins Balnaves Field Subsea Contract (Australia)

A France-based international oilfield services provider Technip has been awarded by Apache Energy Ltd a subsea installation contract worth approximately A$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, 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.

Apache’s projected peak production for the field is 30,000 barrels/day. First oil through the FPSO is expected to start flowing in in 2014.

Two horizontal production wells will be connected to a floating production, storage and offloading (FPSO) vessel via subsea tiebacks. One water injection well will be used to maintain reservoir pressure. Gas will be reinjected into another reservoir for later production as part of the Wheatstone liquefied natural gas (LNG) Project.

Apache has agreed to lease the Armada Claire, an FPSO owned by Bumi Armada with production capability of 80,000 barrels of oil and 50 million cubic feet of natural gas per day and storage capacity for 750,000 barrels.

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Offshore Energy Today Staff, July 10, 2012