Technip Gets Callon Deal
Technip said it has won a deepwater pipeline installation contract from Callon Petroleum Company for the Entrada oil field development in the .
Technip will be responsible for installation of two 6.5-mile steel flowlines in a water depth of 1,364 m (4,475 ft) connected to two subsea wells, plus pipeline end terminations and inline structures and steel catenary risers which will be hooked up to the Magnolia production platform, at a depth of 1,452 m (4,675 ft), reports said.
Technip will provide engineering and procurement for the offshore project, which will use its Deep Blue installation vessel in the third quarter this year.