Technip Wins Two Subsea Contracts In Gulf Of Mexico By Stone Energy

(RTTNews) - French oilfield services giant Technip SA (TNHPF.PK, TKPPY.PK) Tuesday said it has been awarded a flexible pipe supply contract and an installation contract by Stone Energy Corp. for the Amethyst field, located on Mississippi Canyon 26, in the Gulf of Mexico.

The first contract includes the detailed engineering, procurement, fabrication, assembly and testing of a 5-inch production static riser as well as all associated hardware.

Meanwhile, the second award covers the installation of the pipe as a tieback to the Pompano fixed platform, in approximately 395 meters of water depth.

Technip's operating center in Houston, Texas, USA, will manage the project, which is scheduled to be completed during the second half of 2015.

The flexible pipe will be manufactured at the company's Asiaflex Products plant located in Tanjung Langsat, Malaysia. It will be installed using the Deep Blue, Technip's deepwater pipelay vessel.