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Technip contracts in South Pacific

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Technip and Subsea 7 have announced that their joint venture company, Technip Subsea 7 Asia Pacific Pty Ltd (TS7), has been awarded two contracts for subsea installation and pipeline supply projects in New Zealand and Vietnam.

Shell Todd Oil Services Limited (STOS), a company jointly owned by Shell Petroleum Mining and Todd Petroleum Mining, awarded TS7 a fast track contract for the provision of diving support services for the Maui maintenance project offshore New Zealand in water depths down to 110m.

Additionaly, MISC Berhad has awarded TS7 a lump-sum flexible supply contract for the Ruby floating, production, storage and offloading (FPSO) project located in approximately 50m of water offshore Vietnam. The contract includes the supply of 880m of 10” flexible risers, 440m of 6” flexible risers, 1,900m of 10” flexible flowlines and associated buoyancy. Delivery is estimated for the fourth quarter of 2008.

Technip Subsea 7 Asia Pacific will perform the contract from its office in Perth, while the flexible pipelines will be supplied from Technip’s Le Trait plant in France, one of the group’s flexible pipe production facilities.

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