logo
Share SHARE
FONT-SIZE Plus   Neg

Technip Gets Flexible Supply Contract For Ichthys Field Development In Australia

Technip SA (TKPPY.PK,TNHPF.PK) said it secured from INPEX Corp. a flexible pipe supply lump sum contract for the Ichthys gas field in Australia. INPEX has novated the contract to McDermott as part of the overall subsea umbilical, riser, flowline EPCI contract.

The company stated that gas from the Ichthys field, in the Browse Basin around 200 kilometers offshore Western Australia, will undergo preliminary processing offshore to remove water and extract condensate. The 889 kilometers Ichthys gas export pipeline will transport production from the offshore central processing facility through a subsea pipeline to the onshore liquefied natural gas, or LNG, facility to be located at Blaydin Point, Darwin, Northern Australia.

The Ichthys LNG project is expected to produce 8.4 million tonnes of LNG and 1.6 million tonnes of liquefied petroleum gas per annum, along with around 100,000 barrels of condensate per day at peak.

Technip noted that its operating center in Perth, Australia, will execute the contract with the flexible risers being manufactured at the company's flexible plant in Le Trait, France. The contract is scheduled to be completed in the first semester of 2015.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Jeff Bezos, the CEO of Amazon, has overtaken Berkshire Hathaway's founder Warren Buffet to become the third-richest person in the world, according to the Bloomberg Billionaires Index. Bezos is now behind clothing retailer Zara's founder Amancio Ortega, who is now second, and Bill Gates, co-founder... The White House has announced new initiative to fight climate change, curb usage of fossil fuels and increase access to clean energy by pushing the use of electric vehicles. The Obama administration announced a series of actions from the Federal government, private sector, and states, as well as... Telecom giant Verizon Communications Inc. is reportedly very close to a deal to buy the core business of struggling internet company Yahoo Inc. Verizon has trumped out rival bidders and is close to acquire Yahoo's core internet business, reported Bloomberg News, citing people familiar with the matter. Verizon...
comments powered by Disqus
Follow RTT