Technip Wins Flexible Pipe Contract from Statoil

French oilfield services firm Technip reported Tuesday that it has won a contract with Statoil to make and supply flexible risers for several fields on the Norwegian Continental Shelf. Technip said the contract also includes options for further risers and flowlines.

The flexible pipes will be used to renew the flexible pipe infrastructure on Statoil-operated fields.

Technip said its operating center in Oslo, Norway will execute the contract, which is scheduled to be completed between 2014 and 2016. Flexi France, Technip's facility in Le Trait, France, will manufacture the flexible risers.

Odd Strømsnes, Technip's managing director for Norway, commented in a company statement:

"With this contract, Statoil has renewed its trust in Technip to deliver high-quality flexible products using the latest developments in high-technology materials."


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