3 Contracts Awarded to Technip in the North Sea.Energy Editors/Business Editors PARIS--(BUSINESS WIRE)--Feb. 13, 2004 Technip, through its UK affiliate Technip Offshore UK Limited, has been awarded three contracts for key developments in the UK North Sea that represent a total value of over GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 35 million (EUR EUR In currencies, this is the abbreviation for the Euro. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 50 million). These contracts respectively concern: -- the Pierce field, operated by Shell, -- the Stirling field, operated by Eni, -- the Rhum field, operated by BP. The Shell Pierce project award involves the engineering, procurement, installation and commissioning of a dynamic water injection riser, water injection riser base, two water injection flowlines and two water injection manifolds. Co-venturers with Shell in this project are Nippon Oil Exploration Limited and Oranje-Nassau (U.K.) Limited. The Eni Stirling project involves the design, manufacture and installation of two flexible flowlines, installation of a free issue control umbilical and the design, fabrication and installation of a wellhead well·head n. 1. The source of a well or stream. 2. A principal source; a fountainhead. 3. The structure built over a well. wellhead Noun 1. protection structure. Technip is also responsible for all associated tie-ins, precommissioning and testing. The BP Rhum project is an engineering, procurement, installation and commissioning (EPIC) contract that involves the tie-back of new wells to an FPSO FPSO Floating Production Storage and Off-loading (shipping & oil industry) FPSO Foster Parent Society of Ontario FPSO Fleet Publication Supply Office , including the installation of four steel tubed umbilicals, three infield 14"/8" Pipe in Pipe pipelines with a 2" piggy back pipeline and a 180T manifold. Fabrication of the flexible flowlines required for the Shell Pierce and Eni Stirling projects will be undertaken by Flexi France, Technip's French manufacturing facility at Le Trait. Offshore operations for the three projects will be undertaken by several vessels of the group's fleet and will commence on the Eni Stirling and Shell Pierce projects in the first half of 2004. The BP Rhum contract is scheduled to start in the first quarter of 2005. With a workforce of about 19,000 persons, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Paris. The Group's main engineering and business centers are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the United States, Brazil, Abu-Dhabi, China, India, Malaysia and Australia. The Group has high-quality industrial and construction facilities in France, Brazil, the UK, the USA, and Finland as well as a world-class fleet of offshore construction vessels. Technip trades under the symbol TKP TKP Türkiye Komünist Partisi (Communist Party of Turkey; formerly Sosyalist Iktidar Partisi, Party of Socialist Power) TKP Tulajdonképpen (Hungarian) TKP Tausender-Kontaktpreis TKP Tamarind Kernel Powder on the NYSE NYSE See: New York Stock Exchange and under the ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C. FR0000131708 on the Euronext. |
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