Technip selected by Jurong Shipyard Pte Ltd for a FPSO conversion contract
30 June 2015 - 03:00PM
Business Wire
Leveraging its expertise in mastering design of all platform
types
Regulatory News:
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) has been
awarded a topsides detailed engineering and procurement services
contract by Jurong Shipyard Pte Ltd. The project is part of the
conversion of a shuttle tanker into a floating, production, storage
and offloading (FPSO) vessel, which is built at the Jurong
Shipyard, located in Singapore.
Technip will build on its experience in full range of offshore
facilities to design the FPSO’s topsides. The FPSO will be based in
the Libra field, offshore Brazil, at a water depth of approximately
2,500 meters. Once completed, it will have a capacity of 50,000
barrels of oil per day and 4 million cubic meters of natural gas
per day.
Technip’s operating center in Kuala Lumpur, Malaysia, will
execute the contract which is scheduled for completion during the
second semester of 2016.
KK Lim, President of Technip in Asia Pacific, commented: “We are
pleased to engineer the topsides of this FPSO that would be used
for work on the Libra field in the ultra-deepwater section of
Brazil’s Santos Basin. It demonstrates the trust of our client in
Technip’s technical strength and extensive knowledge in this kind
of floating platform, having delivered some of the largest FPSO
units in the world.”
°
° °
Technip is a world leader in project management, engineering and
construction for the energy industry.
From the deepest Subsea oil & gas developments to the
largest and most complex Offshore and Onshore infrastructures, our
38,000 people are constantly offering the best solutions and most
innovative technologies to meet the world’s energy challenges.
Present in 48 countries, Technip has state-of-the-art industrial
assets on all continents and operates a fleet of specialized
vessels for pipeline installation and subsea construction.
Technip shares are listed on the Euronext Paris exchange and
traded in the USA on the OTCQX marketplace (OTCQX: TKPPY).
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version on businesswire.com: http://www.businesswire.com/news/home/20150629006110/en/
TechnipPublic RelationsLaure Montcel, +33 (0) 1 49 01 87
81Delphine Nayral, +33 (0) 1 47 78 34
83press@technip.comorInvestor and Analyst RelationsKimberly
Stewart, +33 (0) 1 47 78 66 74kstewart@technip.comorAurélia
Baudey-Vignaud, +33 (0) 1 85 67 43
81abaudeyvignaud@technip.comorMichèle Schanté, +33 (0) 1 47 78 67
32mschante@technip.comhttp://www.technip.com@TechnipGroup
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