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.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.