French oilfield services company Technip has won what it describes as a substantial contract from Libra Oil & Gas BV, a Petrobras-led consortium. For Technip, a “substantial” subsea contract is ranging from €100 to €250 million.
The project includes the supply of flexible pipes for the Libra Extended Well Test field, located in the Santos Basin pre-salt area, Brazil. This is one of the first steps of the Libra giant field development, Technip said in a statement on Tuesday.
This contract covers the supply of flexible pipes including: 8″ oil production, 6″ service and 6″ gas injection flexible pipes. Designed to produce the first Libra field oil, they are the first 8’’ oil production pipes to be installed in pre-salt area.
Technip’s operating center in Rio de Janeiro, Brazil, will perform the project management and engineering. The flexible pipes will be produced at Technip’s manufacturing sites in Vitória and Açu, Brazil. Delivery is scheduled to start in the second half of 2016.
Adriano Novitsky, President of Technip in Brazil, commented: “Technip is very proud to have been selected to supply the first pipes for the Libra development. It is the result of strong R&D and engineering efforts to overcome the pre-salt technical challenges using flexible pipes solution.”