Technip-Coflexip awarded Shah Deniz contract
Posted: 9 July 2003
BP and its Shah Deniz partners have awarded Technip-Coflexip a
contract worth about US $300 million for the stage 1 development
of the Shah Deniz gas field in the Azerbaijan sector of the Caspian
Sea.
This contract includes the design, engineering, procurement, assembly,
installation, hook-up and project management assistance for a TPG
500 drilling and production platform.
The FEED and detailed engineering started several months ago and
are close to completion.
Within the framework of this project, the engineering center of
Technip-Coflexip in Paris is to handle the design and engineering,
based on its self-installing fixed platform proprietary concept
TPG 500, the supply of proprietary equipment, as well as procurement
and project management services.
Technip-Coflexip’s affiliate in Azerbaijan will be responsible
for in-country fabrication activities including transport and assembly:
integration of all hull components, living quarters, drilling equipment
and legs.
These fabrication activities will be conducted at the Group’s
yard at Zykh near Baku.
Technip-Coflexip is also in charge of hook-up and commissioning
assistance.
The 35,000-ton operating weight of the Shah Deniz TPG 500 platform,
that forms the centrepiece of this development, will be installed
at a water depth of 105 meters and will produce up to 900 million
SCFD of gas and 58,300 Bpd of condensate. It is due on stream in
the third quarter of 2006.
Partners in Shah Deniz are: BP (25.5 per cent) as operator, Statoil
(25.5 per cent), Socar (10 per cent), LukAgip (10 per cent), NICO
(10 per cent), Total (10 per cent), and TPAO (9 per cent).
For Technip-Coflexip, this contract award represents a major breakthrough
on the promising market of the Caspian Sea as well as a new success
for its proprietary TPG 500 platform, two of which having already
been installed in the North Sea, one on the Harding field for BP
and the second on the Elgin/Franklin fields for Total.
It also demonstrates that the TPG 500 concept is not only perfectly
suited to developments in the North Sea’s shallow waters,
but also in remote areas such as the Caspian Sea.
With a workforce of about 19,000 persons, Technip-Coflexip ranks
among the top five corporations in the field of oil, gas and petrochemical
engineering, construction and services. Headquartered in Paris,
the Group is listed in New York (NYSE: TKP) and in Paris (Euronext:
FR0000131708).
The main engineering and business centers of Technip-Coflexip are
located in France, Italy, Germany, the UK, Norway, Finland, the
Netherlands, the United States, Brazil, Abu-Dhabi, China, India,
Malaysia and Australia.
The Group has high-quality industrial and construction facilities
in France, Brazil, the UK, the USA, and Finland as well as a world-class
fleet of offshore construction vessels.
For more information see www.technip-coflexip.com.
Posted by Richard Price,
Editor Pipeline Magazine
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