Technip secures €245m subsea contract from Chevron Australia

The partnership covers the development of the Wheatstone and Iago fields.

Subsea operations at the Cascade and Chinook project in the Gulf of Mexico.
Subsea operations at the Cascade and Chinook project in the Gulf of Mexico.

The French oil-servicing firm Technip has secured a subsea contract worth approximately €245m from Chevron Australia for the development of the Wheatstone and Iago fields, located in the Carnarvon Basin, offshore north-western Australia.

Technip’s operating center in Perth, Australia, will manage the overall project.

The contract includes project management, design, work on the subsea isolation valve and the supply and installation of 41 kilometres of umbilicals.

Vessels from the Technip fleet will be used for the offshore programme, including Deep Orient and Global 1201, with completion scheduled in 2015.

The initial phase of the project will involve work on two liquefied natural gas trains with a combined capacity of 8.9 million tonnes per annum and a domestic gas plant.

Hallvard Hasselknippe, COO of Technip subsea division for Asia Pacific, said: “This contract award represents a significant milestone for Technip in the Asia-Pacific region.

“This is the largest EPCI contract to date for Technip in the area and includes a first win for our new-build construction/flex pipe lay vessel Deep Orient, working together with the newly acquired G1201. The scope of the project illustrates perfectly the expected synergies from the recent acquisition of Global Industries, whose teams bring complementary subsea know-how, assets and experience, including in Asia Pacific.”

Frans Roozendal, managing director of Technip in Oceania, said: “Technip looks forward to strengthening an existing relationship with Chevron, a key customer here in Australia.”

The Chevron-operated Wheatstone Project in Western Australia is a joint venture between the Australian subsidiaries of Chevron, Apache, Kuwait Foreign Petroleum Exploration Company, Shell and Kyushu Electric Power Company.