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Technip wins substantial contract for Libra Field

Technip was awarded a substantial(1) contract from Libra Oil & Gas BV, a consortium led by Petrobras Netherland BV (40%) and partners: Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%).

The project includes the supply of flexible pipes for the Libra Extended Well Test field, located in the Santos Basin pre-salt area, Brazil. This is one of the first steps of the Libra giant field development.

This contract covers the supply of high-end flexible pipes including: 8″ oil production, 6″ service and 6″ gas injection flexible pipes. Designed to produce the first Libra field oil, they are the first 8’’ oil production pipes to be installed in pre-salt area. This demonstrates Technip´s technological leadership and reinforces flexible pipes suitability for the ultra-deepwater and fluid harsh conditions of Brazilian pre-salt fields.

Technip’s operating center in Rio de Janeiro, Brazil, will perform the project management and engineering. The highly technological flexible pipes will be produced at Technip’s manufacturing sites in Vitόria and Açu, Brazil. Delivery is scheduled to start in the second half of 2016.

Adriano Novitsky, President of Technip in Brazil, commented: “Technip is very proud to have been selected to supply the first pipes for the Libra development. It is the result of strong R&D and engineering efforts to overcome the pre-salt technical challenges using flexible pipes solution.”

(1)For Technip, a “substantial” subsea contract is ranging from €100 to €250 million.

 

Source and Link: The EPC Engineer