Statoil contracts Technip for Gygrid subsea development

Statoil has awarded Technip a €90 million ($123.4 million) contract for work on Gygrid field in the Norwegian Sea.

Offshore staff

PARIS – Statoil has awarded Technip a €90 million ($123.4 million) contract for work on Gygrid field in the Norwegian Sea. Water depths range from 265 to 330 m (869 to 1,083 ft).

The contract is for engineering, procurement, welding and installation of flowlines, subsea equipment installation, and installation and tie in of new risers and umbilicals. The flowlines include a 19.5 km (12.1 mi) pipe-in-pipe production flowline, a plastic-lined water injection flowline, and a gas lift flowline.

The project pends approval of the Norwegian authorities. If approved, Technip’s operating center in Oslo, Norway, will execute the contract. Flowline welding will be at the Group’s spoolbase in Orkanger, Norway, while installation will be performed by Technip’s Apache II pipelay vessel in mid-2012.

02/23/2011

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