Technip Wins Libra Field Pipe Contract

French oilfield services firm Technip reported Tuesday that it has won "a substantial contract" from the Libra Oil & Gas consortium to supply flexible pipes to the Libra giant field development offshore Brazil.

The pipes will be used for an extended well test on the Libra field, which is located in the Santos Basin pre-salt area. This will be one of the first steps in the development of the field.

The contract covers the supply of a range of high-end flexible pipes that will be used to produce the first oil from the Libra field. They will include the first eight-inch oil production pipes to be installed in the 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 Vitόria and Açu, Brazil. Delivery is scheduled to start in the second half of 2016.

Adriano Novitsky, President of Technip in Brazil, commented in a company statement: "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."

The Libra Oil & Gas consortium consists of Petrobras Netherland (40 percent), Shell (20 percent), Total (20 percent), CNOOC (10 percent) and CNPC (10 percent).



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