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Eni Australia Lets Contract for Kitan Field

24 May 2010

Eni Australia has awarded a subsea contract to Technip for its Kitan field development in the Joint Petroleum Development Area permit JPDA 06-105 between Timor Leste and Australia.

Technip will provide project management and engineering as well as the supply and installation of 23 km of flowlines and risers. It will also install the umbilical system.

Technip will operate the program from its Perth office. The pipelines will be manufactured in the companyís plant at Le trait in France.

Offshore installation is scheduled to begin during the first-half 2011 using Technipís Venturer construction vessel.

Kitan is to be developed using three subsea wells connected to the Glas Dowr floating production, storage, and offloading vessel.

First production is expected during second-half 2011.

The field was discovered in 2008 and holds an estimated 30-40 million bbl of oil.

Eni has a 40% interest and operatorship, while Inpex has 35% and Talisman Resources 25%.