Technip has been awarded by AKER Installation Floating Production an installation contract, worth approximately €140 million (over US $180 million), for phase 2 of the development of the MA D6 oilfield. This field, operated by Reliance Industries Ltd., is located off the eastern coast of India in KG D6 Block, at water depths ranging from 1,200 to 1,400 meters.
The contract includes:
Technip's operating centers in Paris, France, and Aberdeen, Scotland, will execute this contract with support from the Group's center in Chennai, India. Offshore installation is scheduled for the first half of 2009 and will be carried out by the Constructor, one of the pipelay and construction vessels from Technip's fleet.
This award follows the successful completion of phase 1 of the same project by Technip in May 2008.
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