Technip to continue subsea work with Statoil, Exxon Mobil, Gassco

Technip has received a new framework agreement by Statoil, Exxon Mobil, and Gassco to supply diving, subsea intervention, and repair contingency services.

Offshore staff

PARISTechnip (Paris:TEC) has received a new framework agreement by Statoil, Exxon Mobil, and Gassco to supply diving, subsea intervention, and repair contingency services.

Under the agreement, a replacement of an existing frame agreement held for eight years, Technip will provide these services for the next four years. This contract, effective from Dec. 1, also includes an option for additional periods up to seven years.

The services comprise diving and remote operations using the Group’s dedicated diving support vessels (DSVs) and/or construction vessels. The area of operation includes continental areas from the Barents Sea to the Mediterranean Sea, the Baltic Sea, and North Atlantic Ocean, as well as Newfoundland, Canada. The area of operation may be extended globally based on Statoil's future requirements.

Technip’s operating center in Stavanger, Norway, will administrate and execute the projects under this framework agreement, supporting Statoil on demanding projects requiring saturation diving, air diving, and/or equipment spreads from the Pipeline Repair System (PRS) Pool.

07/08/2014

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