A total contract value of about €200 million (US$250 million) is estimated, said Technip.
This includes project management, engineering, fabrication and installation of all Statoil's reeled pipe applications for 2007 and 2008.
The management and engineering work will be performed both in Technip’s offices in Stabekk, Norway, and Subsea 7’s offices in Stavanger, Norway.
The flowlines will be manufactured at Technip’s welding base in Orkanger, Norway, and Subsea 7’s newly-built spoolbase in Gaupne, Norway.
Pipelay,
