Technip Awarded Offshore Brownfield and Subsea Tie-Backs for PETRONAS FLNG1
July 28 2015 - 1:00AM
Business Wire
Leveraging its unique subsea vertically integrated approach
Regulatory News:
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) has been
awarded an engineering, procurement, construction, installation and
commissioning contract by PETRONAS Carigali for the tie-in of
PETRONAS first Floating Liquefied Natural Gas (PFLNG1) facility to
KAKG-A platform in Kanowit field, located 200 kilometers offshore
Bintulu, East Malaysia, at a water depth of approximately 80
meters.
The contract covers the procurement and installation of a 3.2
kilometers flexible flowline between the existing KAKG-A central
processing platform in Kanowit field to the PFLNG1 riser. It also
includes modification and tie-in works at KAKG-A.
Technip’s operating center in Kuala Lumpur, Malaysia, will
execute the contract. The Group will leverage its unique integrated
approach in the subsea business. The flexible flowline will be
manufactured in Asiaflex Products, Technip’s manufacturing facility
in Tanjung Langsat, Johor, Malaysia. It will then be installed by
the Group’s multipurpose vessel, the Deep Orient. The installation
campaign is scheduled for completion in late 2015.
KK Lim, President of Technip in Asia Pacific, commented, "With
this award, we are able to offer to PETRONAS a competitive solution
through our unique vertically integrated value chain for subsea
infrastructures, from the design and manufacture of the flexible
pipes up to its installation, using Technip assets”.
The PFLNG1 vessel, which will produce 1.2 million tonnes of LNG
per year, will play a significant role in PETRONAS’ efforts to
unlock gas reserves in Malaysia's remote and stranded fields to
help meet the growing demand for gas.
Technip is a FLNG leader with first mover advantage having
secured the two world’s first FLNG projects including PETRONAS
FLNG1, thanks to its unique combination of know-how and
technologies in subsea, offshore and onshore.
°
° °
Technip is a world leader in project management, engineering and
construction for the energy industry.From the deepest Subsea oil
& gas developments to the largest and most complex Offshore and
Onshore infrastructures, our 38,000 people are constantly offering
the best solutions and most innovative technologies to meet the
world’s energy challenges.Present in 48 countries, Technip has
state-of-the-art industrial assets on all continents and operates a
fleet of specialized vessels for pipeline installation and subsea
construction.Technip shares are listed on the Euronext Paris
exchange and traded in the USA on the OTCQX marketplace (OTCQX:
TKPPY).
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version on businesswire.com: http://www.businesswire.com/news/home/20150727006027/en/
Public RelationsLaure MontcelTél. +33 (0) 1 49 01 87
81Delphine NayralTél. +33 (0) 1 47 78 34 83E-mail:
press@technip.comorInvestor and Analyst RelationsKimberly
StewartTel. +33 (0) 1 47 78 66 74E-mail:
kstewart@technip.comAurélia Baudey-VignaudTel. +33 (0) 1 85 67 43
81E-mail: abaudeyvignaud@technip.comMichèle SchantéTel. +33
(0) 1 47 78 67 32E-mail: mschante@technip.comorMore
informationWebsite
http://www.technip.com@TechnipGroup
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