Technip Scores GOM Deepwater Pipeline Installation Contract

Technip has been awarded a lumpsum installation contract by Callon Petroleum Company for the Entrada oil field development in the Gulf of Mexico.

The contract covers the installation of two 6.5 mile steel flowlines that will tie-back two subsea wells at a depth of 4,475 feet, PLETs and inline structures and steel catenary risers to be connected to the Magnolia offshore platform in 4,675 feet of water depth.

Detailed engineering and project management will be performed at Technip's operating center in Houston, Texas. Welding of the flowlines and risers will take place at Technip's spoolbase located in Mobile, Alabama.

Offshore installation is scheduled for the third quarter of 2008 using the Deep Blue, Technip's deepwater pipelay vessel.