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Technip awarded subsea contract for the Tubular Bells development in the Gulf of Mexico

Monday, February 20, 2012
  • Technip has been awarded a lump sum contract by Hess Corporation for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf of Mexico at a water depth of approx. 4,500 feet (1,370 meters).

The contract covers the design, engineering, fabrication and subsea installation of more than 28 miles (45 kms) of flowlines, steel catenary risers, pipeline end terminations, piles and structures. Technip's operating center in Houston, Texas will perform the overall project management. The flowlines and risers will be welded at the Group's spoolbase in Mobile, Alabama.

Offshore installation is scheduled to be completed with the Deep Blue, one of Technip's deepwater pipelay vessel, during the first half of 2013.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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