Technip Wins Chinese Pipeline Installation Contract
|Tuesday, April 24, 2012
French oilfield services business Technip announced Tuesday that Offshore Oil Engineering Co. has awarded it a pipeline installation contract for the Liwan 3-1 shallow water project, located in the Pearl River Mouth Basin, China Sea, at approximately 190 miles (300 kilometers) south of Hong Kong, China.
With a total length of 160 miles (260 kilometers), the pipeline will link the Liwan gas platform to China National Offshore Oil Corporation's (CNOOC) Gaolan gas plant.
Technip's scope covers the shallow water portion of the development project. It includes the installation of 100 miles (160 kilometers) of a 30-inch export oil/gas two-phase pipeline from the Liwan gas platform to a water depth of approximately 230 feet (70 meters).
Technip's operating center in Singapore, in liaison with the project engineering office in Shekou, China, will execute the contract, which is scheduled to be completed by the end of 2012. The offshore installation will be carried out with the Global 1201, a flagship pipe-laying vessel that joined Technip's fleet through the recent acquisition of Global Industries.
This contract demonstrates Technip's ability to realize the full value and potential of Global Industries' assets and to play a leading role in the large-diameter/long-distance pipe laying, said the firm. It is also a step further in Technip's ambition to become a leading player in the emerging Chinese subsea market and to further strengthen its relationship with COOEC and CNOOC.
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