Member Article

Technip and Heerema Alliance secure major subsea contract in Angola

A partnership of two firms with North East operations has secured work on the Kaombo subsea contrac,t offshore Angola.

Technip, which has Gateshead operations and Heerema Marine Contractors, which is part of the same group as Hartlepool-based Heerema Fabrication Group, have been awarded work on the engineering, procurement, construction, installation (EPCI) and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines).

The contract is valued at approximately USD 3.5 billion with a Technip share of around 55% and a Heerema share of around 45%.

It is due to be completed in the first half of 2018, the firms say.

Thierry Pilenko, chairman and CEO of Technip, said: “This project is the largest subsea contract ever awarded to Technip and strengthens our position in the ultra-deepwater market.

“This award further reflects the confidence of major industry players, such as Total, in the Technip Heerema Alliance to address the significant challenges of ultra-deepwater projects.”

Pieter Heerema, chairman and owner of Heerema Marine Contractors, added: “To be awarded the largest SURF project in the industry to date as the first project for the Technip Heerema Alliance is a fantastic success. This award is a recognition that our clients appreciate the value of the Alliance in delivering safe, robust, competitive and unrivalled solutions for large and complex ultra-deepwater projects.”

This was posted in Bdaily's Members' News section by Tom Keighley .