Technip wins Bouri East project

Agip Oil Co. Ltd. Libyan Branch (owned 50% by Libya National Oil Co. and 50% by Eni) has awarded Technip a contract worth &EUR;50 million for the Bouri East Area Development (EAD).

The Bouri field, in block NC-41, lays 120 km offshore the Libyan coast in 145-183 m of water. The EAD project will consist of four new subsea production wells clustered around a central manifold and tied-back to the DP4 platform.

Technip will perform the engineering, procurement, fabrication, testing, transport, trenching, installation, and pre-commissioning of two 8-in. flexible production flowlines and risers and one 3-in. flexible service flowline, together with associated risers system. Flexi France of Le Trait, France, will manufacture the flexible lines. The project also involves the installation of umbilicals provided by Agip Oil Co. Ltd.

One of Technip's 13 dynamically positioned vessels will install the umbilicals before the end of 2005.

8/17/04