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Technip Awarded Contract by Valiant for Causeway Development

24 October 2011

Technip was awarded by Valiant Causeway Limited a lump sum contract, worth approximately €33 million, for the Causeway field development. This field is located about 450 kilometers North-east of Aberdeen, Scotland at a water depth of 150 metres.

This contract covers engineering, procurement, installation and commissioning of rigid and flexible pipelines, subsea equipment as well as umbilicals*, which will be manufactured by Technipís wholly-owned subsidiary DUCO under a separate contract.

Technipís operating center in Aberdeen will execute the contract, which is scheduled to be completed in the second semester of 2012. Rigid pipelines will be welded at Technip spoolbase in Evanton, Scotland, while the flexible pipelines will be manufactured in the Groupís flexible pipe plant in Le Trait, France. Vessels from the Groupís fleet will be used for the campaign, including Apache II, Normand Pioneer and Wellservicer.

* Umbilical: an assembly of steel tubes which can also include electrical cables or optic fibres used to control subsea structures from a platform or a vessel.