Technip, leader of a consortium with Subsea 7, announced Thursday that it has been awarded by Tullow Ghana Limited two contracts for the Tweneboa, Enyenra, and Ntomme (TEN) Project, located offshore Ghana, at a water depth reaching up to 6,561 feet (2,000 meters). Together, those two contracts have a combined value of approximately $1.23 billion, with a Technip share of about $730 million.
Technip’s scope of work includes the:
For the benefit of this project in ultra-deepwater requiring technical innovation, Technip has mobilized its worldwide organization combining together know-how and various areas of expertise. Thus, Technip’s operating center in Paris, France, will execute this project with the support of the Group’s offices in Accra, Ghana. The flexible pipes will be fabricated at Technip’s Flexi France facility in Le Trait, France and the rigid flowlines at the Group’s spoolbase in Evanton, UK.
The offshore installation is scheduled to be completed in the second half of 2016.
The TEN Field is located in the Deepwater Tano Contract Area, 37 miles (60 kilometers) off the coast of Ghana and approximately 30 kilometers west of the Tullow Operated Jubilee Field. Tullow Ghana Limited (a subsidiary of Tullow Oil plc) is Operator of the Deepwater Tano Contract Area with an interest of 47.175 percent. Other partner interests are Kosmos Energy (17 percent), Anadarko Petroleum (17 percent), Sabre Oil & Gas Holdings Ltd, a subsidiary of Petro SA (3.825 percent), and the Ghana National Petroleum Corporation (15 percent).
Frédéric Delormel, executive vice president and chief operating officer Subsea, declared: “While the oil and gas market is rapidly growing in Ghana, we are proud to continue to contribute to the development of this country. Today, this new award demonstrates our ability to mobilize worldwide resources to bring strong know-how and technological innovation meeting the challenges of projects in ultra-deepwater.”
Jean-Marc Aubry, senior vice president, Technip’s Region A stated: “We have been operating in Ghana for over four years, when we were awarded the Jubilee project, the first deep water field ever developed in this country. These new awards correspond to a significant milestone for our presence in Ghana.”
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