Technip has been awarded a subsea contract by Chevron Australia Pty Ltd for the Wheatstone Project, one of Australia's largest resource projects. The contract, valued at approximately $322 million (EUR 245 million), covers the development of the Wheatstone and Iago fields, located in the Carnarvon Basin, offshore North Western Australia.

This contract includes: •project management, design, fabrication and installation of subsea isolation valve, production tee protection structures, spools and jumpers, •transport and installation of manifold, foundation structures and pipeline termination structures, •supply and installation of 25 miles (41 kilometers) of umbilicals.

Technip's operating center in Perth, Australia will manage the overall project, with engineering to commence immediately. Vessels from the Technip fleet will be used for the offshore campaign, including the Deep Orient and Global 1201, with completion scheduled in 2015.

The contract is expected to create a significant number of West Australian jobs, including in the Pilbara region.

Tags: Chevron Corporation, Technip Norge AS