Technip, COOEC Jointly Win Subsea Contract Offshore China

Technip, COOEC Jointly Win Subsea Contract Offshore China

Technip, in a consortium with Offshore Oil Engineering Co. Ltd (COOEC), was awarded by China National Offshore Oil Corporation (CNOOC) Deepwater Development Limited an engineering, procurement, installation and construction services contract.

This contract, worth approximately €200 million (Technip share: around €110 million), is for the South China Sea deepwater gas development project in the Panyu field, located about 150 kilometers South of Hong Kong.

The development consists in a new subsea production system with six wells and its associated control system tied up to a new central processing platform.

The contract covers the supply and installation of a 10” and a 6” diameter clad-lined pipelines, of steel tube umbilicals, and associated equipments.

As leader of the consortium, Technip’s operating center in Kuala Lumpur, Malaysia, will execute the contract with the support of COOEC. Duco Inc., the Group’s umbilical manufacturer in Houston, Texas, will fabricate the umbilicals. Technip’s subsidiary company in Kuala Lumpur, Genesis, will provide the engineering support and detailed design.

Offshore installation is scheduled to be completed in two phases during the third quarter of 2013 and the second quarter of 2014, using the Deep Orient, one of Technip’s deepwater construction vessels, and the HYSY 201, COOEC’s pipelay vessel.

Hallvard Hasselknippe, Chief Operating Officer of Technip Subsea Division, Asia Pacific stated: “This award represents a major step forward to reinforce Technip’s strong presence in the emerging Chinese subsea market. We are delighted to have COOEC as our consortium partner to deliver this prestigious project to our key client, CNOOC.”

Press Release, October 15, 2012

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply