Technip has been awarded a lump sum contract by BP Exploration and Production Company for the Isabela project in the Gulf of Mexico. The project is a subsea tieback to the Na Kika semisubmersible platform located in Mississippi Canyon, 140 miles (225 kilometers) offshore New Orleans, Louisiana, at a water depth of approximately 6,300 feet (1,920 meters).
The contract covers:
Technip's operating center in Houston, Texas will execute this contract. The flowlines and risers will be welded at the Group's spoolbase located in Mobile, Alabama. Offshore installation is scheduled to be completed in the third quarter of 2010 using the Deep Blue, Technip's deepwater pipelay vessel.
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