Technip Wins Valemon Engineering Services Contract
Technip was awarded an engineering services contract by Samsung Heavy Industries Co Ltd at Statoil's Valemon gas and condensate field located in the Norwegian North Sea, about 160 kilometers west of Bergen.
The contract covers detailed design, procurement engineering and follow-on engineering support for the Valemon fixed platform topsides.
Technip's operating center in Kuala Lumpur, Malaysia will execute the contract, which is scheduled to be completed in the second semester of 2012.
The Valemon field is one of Statoil's large field developments on the Norwegian Continental Shelf, and contains recoverable reserves of about 206 million barrels of oil equivalent.
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