Technip Reels in K2 Field Expansion Contract in GOM

Marco Polo and K2 Map
(Click to Enlarge)

Technip secured a contract for the K2 field expansion project, operated by Anadarko Petroleum Corporation in the Gulf of Mexico. Two additional wells will be tied back to the existing subsea equipment and to the Marco Polo platform with production flowlines(1). These wells are located in Green Canyon Blocks 562 and 606, at a water depth of approximately 1,200 meters (4,000 feet).
The contract covers:

  • project management and engineering,
  • fabrication and installation of two rigid flowlines,
  • design, fabrication and installation of four PLETs(2),
  • installation of two free issue static umbilicals(3),
  • tie-ins, pre-commissioning and survey.

Technip's operating center in Houston, Texas will execute this contract. The flowlines will be welded at the Group's spoolbase located in Mobile, Alabama. Offshore installation is scheduled for the third quarter of 2009, using the Deep Blue, Technip's deepwater pipelay vessel.

K2 Field

Discovered in 1999, the K2 field is operated by Anadarko with a 42% working interest. Eni ENI holds 12.5; ConocoPhillips holds 12.5%; Ecopetrol holds 9%; Nippon Oil holds 12%; and MCX holds the remaining 12%. The K2 field commenced production in 2005.

Marco Polo TLP

Located on Green Canyon Block 608 in 1,311 meters (4,300 feet) of water, the Marco Polo TLP is the world's deepest dry tree TLP and serves as a production hub for the K2, K2 North, Marco Polo and Genghis Khan field in the Gulf of Mexico.

Related Companies
 Company: ConocoPhillipsmore info

 - ConocoPhillips Sues Venezuela's PDVSA, Calls Bond Swap 'Fraudulent' (Oct 7)
 - MedcoEnergi Acquires ConocoPhillips' Stake in South Natuna Sea Block (Sep 20)
 - Pertamina's Upstream Arm Produces 15% More Oil, Gas Than Planned (Sep 19)
 Company: Anadarko Petroleummore info
 - Timing of $2B Anadarko-Freeport Deal Makes GOM Assets a Bargain (Sep 14)
 - Anadarko Goes Deeper in GOM with $2B Deal (Sep 12)
 - Oil, Gas Companies Evacuate GOM Staff Ahead of Tropical Depression (Aug 30)
 Company: ENImore info

 - ENI: FPSO Soon Ready to Start Work at East Hub Development Project (Oct 14)
 - Mozambique Minister's Sacking Will Not Affect Gas Project Decision (Sep 30)
 - Eni: Laarich East-1 Well Onshore Tunisia Has 2,000 Bpd Capacity (Sep 19)
 Company: Ecopetrolmore info
 - Ecopetrol To Up Exploration, Open 80 New Wells During Rest Of 2016 (Aug 17)
 - Colombia's Ecopetrol to Open New Wells in Rubiales, Keep Output Steady (Jul 1)
 - Ecopetrol Takes Full Control of Rubiales Field, Output to Rise 60,000 Bpd (Jun 30)
 Company: Technipmore info
 - Technip Awarded Subsea Contract in Malaysia (Oct 14)
 - Technip, FMC Team Up for Lancaster Project (Oct 12)
 - DEA Norge Awards Dvalin EPCI Contract to Technip (Oct 11)
 Company: Nippon Oil Explorationmore info
 - Canadian Oil Sands Halts Syncrude Production After Fire, Prices Spike (Aug 31)
 - Tap Updates Zola-1 Drilling in Carnarvon Basin (Dec 22)
 - Iraq-Nippon Talks on Nassiriya Oil Field Deadlocked (Mar 1)

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Production Engineer
Expertise: Production Engineering
Location: Houston, TX
Mud Logger - South Texas
Expertise: Military|Mud Logging
Location: Corpus Christi, TX
Dispatcher - Midland, Texas
Expertise: Dispatcher
Location: Midland, TX
search for more jobs

Brent Crude Oil : $50.79/BBL 1.30%
Light Crude Oil : $49.96/BBL 1.10%
Natural Gas : $2.77/MMBtu 2.12%
Updated in last 24 hours