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Technip to tackle $277M in BP Angola orders


Published Sep 12, 2008
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MODEC to supply FPSO for BP's Angola Block 31

BP has awarded Technip two new frame agreements of subsea oilfield developments offshore Angola, in new business worth some €160 million to the Paris-based supplier-contractor.

Technip and business Angoflex Ltd.will engineer, procure for and build flexible pipe, umbilical and related equipment. The two agreements cover four deepwater projects not yet given the go-ahead: Plutao, Saturno, Venus and Marte in Block 31.

Water in the area is up to 2,100 metres deep.

A first contract covers Technip’s provision of flexible “jumper” pipe from its Le Trait yard, an order worth €80 million. Deliver is due in first-half 2010. The second job was awarded to Angolflex Ltd, a joint Technip-Sonangol joint venture. The €80 million contract covers 34 umbilical some 43 kilometres long if joined at their ends.

DUCO in Newcastle, the United Kingdom, will manage the project and engineering.

Angloflex will manufacture the umbilical in Lobito, Angola for delivery in late 2010.

The work brings to €460 million the sum of BP contracts Technip has been invited to bid on in Angola.

Tags: Angoflex Ltd., BP PLC, Technip




   

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