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Technip Bags Pipeline Installation Contract from GNPC

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Oct 26 2010

Technip (Paris:TEC) (ISIN:FR0000131708) has been awarded by GNPC a lump sum contract for phase 1 of the Natural Gas Transportation and Processing project, 60 kilometers offshore Ghana.

The contract covers the engineering, welding and installation of a 14 kilometer-long rigid steel flowline as well as the engineering, fabrication and installation of one PLET. The flowline will constitute the deep water section of a pipeline which will be used to pipe natural gas from the Jubilee field to the future onshore processing plant.

This contract, which confirms Technip's leading position in the Subsea Sector in Ghana, will be executed by the Group’s operating center in Paris, France. The flowline will be welded at Technip’s spoolbase in Mobile, Alabama. Installation operations are scheduled to start at the end of 2010. This will be carried out by Apache II, Technip’s new pipelay vessel.

Source: http://www.technip.com/

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