Regulatory News : Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded two contracts, worth a substantial (1) total value, to supply flexible pipes for the Egina field operated by Total Upstream Nigeria Ltd, offshore Nigeria. These contracts cover the qualification and supply of:
- 12 dynamic flexible jumpers(2) from 3.5" to 12.5" for oil production, gas lift, water injection and gas export, to connect the single top tension risers(3) to the floating production storage and offloading unit (FPSO),
- two 20.5” unbonded flexible pipes as oil offloading lines (OOL) connecting the FPSO to the offloading buoy,
- associated ancillary equipment.
° °Technip is a world leader in project management, engineering and construction for the energy industry.From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our 38,000 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.Technip shares are listed on the NYSE Euronext Paris exchange and traded in the USA on the OTCQX marketplace (OTCQX: TKPPY).