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Technip Awarded a Large Subsea Installation Contract in Australia

Maritime Activity Reports, Inc.

April 12, 2012

Technip has been awarded a subsea contract by Chevron Australia Pty. Ltd. for the Wheatstone Project, one of Australia’s largest resource projects. The contract, valued at approximately €245 million, covers the development of the Wheatstone and Iago fields, located in the Carnarvon Basin, offshore Northwestern Australia.

This contract includes project management, design, fabrication and installation of subsea isolation valve; production tee protection structures, spools(1) and jumpers(2);  transport and installation of manifold, foundation structures and pipeline; termination structures; and supply and installation of 41 kilometres of umbilicals.

Technip’s operating center in Perth, Australia, will manage the overall project with engineering to begin immediately. Vessels from the Technip fleet will be used for the offshore campaign, including the Deep Orient and Global 1201, with completion scheduled in 2015.

The contract is expected to create a significant number of West Australian jobs, including in the Pilbara region.

The Chevron-operated Wheatstone Project is located at Ashburton North, 12 kilometres west of Onslow in Western Australia. It is a joint venture between the Australian subsidiaries of Chevron, Apache, Kuwait Foreign Petroleum Exploration Company, Shell and Kyushu Electric Power Company. The initial phase of the project will consist of two liquefied natural gas trains with a combined capacity of 8.9 million ton per annum and a domestic gas plant.

"This contract award represents a significant milestone for Technip in the Asia Pacific region,” said Hallvard Hasselknippe, Chief Operating Officer, Technip Subsea Division, Asia Pacific region. “It confirms the effectiveness of our strategy to build conceptual, engineering, manufacturing and installation resources dedicated to our clients' subsea projects in the region.”

 

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