Technip wins Wheatstone subsea contract

Technip: The contract will be administered by the company's Perth office.

Chevron has awarded a subsea installation contract worth about €245 million ($321.8 million) for its Wheatstone project, off the coast of Western Australia, to France’s Technip.

Technip will manage the project from its Perth base, with engineering to start straight away.

Vessels from the Technip fleet will be used for the offshore campaign, including the Deep Orient and Global 1201, with completion scheduled in 2015.

Chief operating officer of Technip’s subsea division Asia Pacific Hallvard Hasselknippe said the award was a significant milestone for Technip in the region.

“This is the largest EPCI (engineering, procurement, construction and installation) contract to date for Technip in the area, and includes a first win for our newbuild construction/flex pipe lay vessel Deep Orient, working together with the newly acquired G1201,” he said.

“The scope of the project illustrates perfectly the expected synergies from the recent acquisition of Global Industries, whose teams bring complementary subsea know-how, assets and experience, including in Asia Pacific.”

The contract will include project management, design, fabrication and installation of subsea isolation valves, production tee protection structures, spools and jumpers on the Wheatstone and Iago fields, located in the Carnarvon basin.

Technip will also supply and install 41 kilometres of umbilicals and transport and install manifold, foundation structures and pipeline termination structures on the site.

Chevron holds 73.6% operated interest in the Wheatstone LNG project along with joint venture partners Apache on 13%, Kuwait Foreign Petroleum Exploration Company on 7% and Shell on 6.4%.

 

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