Technip, FMC Technologies bags Statoil’s EPCI contract

Technip, FMC Technologies bags Statoil’s EPCI contract

11:00 AM, 4th November 2016
Technip, FMC Technologies bags Statoil’s EPCI contract

PARIS, FRANCE/ HOUSTON, US: Technip and FMC Technologies Inc has been awarded an integrated engineering, procurement, construction, and installation (EPCI) contract from Statoil for its Trestakk field in the Norwegian Sea.

Trestakk is an oil and associated gas field located in the Norwegian Sea. The water depth in the region is approximately 300 meters.

The contract was won based on an enhanced subsea field layout, accomplished through close collaboration with Statoil during a front-end engineering design (FEED) study performed by FMC Technologies’ and Technip’s joint venture Forsys Subsea.

Technip will supply the flexible riser, production flowline, gas injection line, flexible jumpers, and umbilicals. FMC Technologies will provide the subsea production system — including subsea trees and completion system, a manifold, wellheads, subsea and topside control systems — as well as tie-in hardware and tools.

“This award demonstrates that our alliance with Technip can deliver real benefits to customers by integrating our products, systems, and services. This provides us with even greater confidence that Technip-FMC, as one company, will be uniquely positioned to deliver truly integrated projects,” said Doug Pferdehirt, president and CEO of FMC Technologies.

“Our value proposition builds on early involvement and integrated solutions. Through earlier and broader vision on projects, we can simplify subsea field architectures and thus help our clients to significantly improve project economics,” said Thierry Pilenko, Technip’s chairman and CEO.

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