Technip Wins Subsea Gig in UAE

Technip Wins Subsea Gig in UAE

France-based oilfield services provider Technip was awarded by Dubai Petroleum an engineering, procurement, installation and commissioning (EPIC) contract for the South West Fatah and Falah fields, located 90 kilometers offshore Dubai, United Arab Emirates, at a water depth up to 53 meters.

The contract scope includes the replacement of a 12-inch gas pipeline and six 18-inch water injection pipelines.  Technip’s operating center in Abu Dhabi, United Arab Emirates, will execute the contract, which is scheduled to be completed at the end of 2012. Technip’s flagship  S-Lay installation vessel, the Global 1201, will be used for pipelaying, as well as a diving support vessel.

 Arturo Grimaldi, Senior Vice President of Technip in the Middle-East, declared: “This contract is a significant milestone for Technip in the Middle East. It confirms our entry into the promising subsea business in the region, where we were traditionally focused on the onshore and offshore markets, thanks notably to positions and assets gained from the acquisition of Global Industries in 2011.”

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Press Release, July 2, 2012; Image: Technip