Technip awarded major offshore contract for the Mariscal Sucre development in Venezuela
2010.11.18 -
Contracts

Technip has been awarded an engineering, procurement, construction management (EPCM) contract by Petroleos de Venezuela S.A. (PDVSA) for the Mariscal Sucre Dragon/Patao development, offshore the North-east coast of Venezuela.
The Mariscal Sucre Dragon and Patao fields are located around 25 miles North of Paria peninsula, state of Sucre, Venezuela, at a water depth of 328-427 feet (100 to 130 meters). They are the first offshore gas development in Venezuela.
The contract covers:
• project management and construction management for the Dragon platform and subsea system fabrication, transportation and installation,
• detail engineering for the platform and subsea tieback to the Dragon field. The platform will be installed in approximately 427 feet (130 meters) of water depth,
• procurement of long lead equipment and procurement services for the platform.
Technip France has signed this contract that will be executed with the Group’s North America’s engineering center and Technip’s Venezuelan affiliate: Estudios y Projectos Ditech, S.A.
Cameron (NYSE: CAM) has signed a three-year worldwide preferred supplier agreement with Schlumberger Integrated Project Management (IPM) for the supply of a wide range of flow equipment products and services. As part of the agreement, Cameron will provide Schlumberger IPM with all surface, subsea, drilling, measurement, compression and downstream equipment on a worldwide basis.
ClampOn has been awarded a contract for delivery of five subsea ClampOn DSP Leak Monitors to the Tampen Link project in the Norwegian sector in the North Sea (Sept 07). ClampOn will supply its ultrasonic non-intrusive acoustic Leak Monitors to Technip Norge AS on behalf of Statoil. The Leak Monitors will be retrofitted on two 20” gas valves on the seabed to verify/disprove through-valve gas leakage. These valves are currently open and they will be shut to close off the bypass alternative.
Helix Energy Solutions (NYSE: HLX) announced today that it has received a Letter of Intent ("LOI") for the installation of the subsea infrastructure for the VIC/P44 Stage 2 Development project in the Otway Basin offshore Australia. Participants in the VIC/P44 permit are Santos Limited (Operator) 50%, Peedamullah Petroleum Pty Ltd (Australian Worldwide Exploration) 25% and Mitsui E&P Australia Pty Ltd. 25%.
Velosi Limited Velosi or the Group, a provider of asset integrity and HSE services to a number of major national and multinational oil and gas companies, is pleased to announce that it has been re-awarded a contract from Mobil Producing Nigeria, for the next three years with an option to extend for a further one year.
Fugro has been awarded a contract to perform a detailed marine survey in the Mediterranean Sea to select the best route for the GALSI gas pipeline from Algeria to Southern Sardinia and then from Northern Sardinia to the mainland of Italy. The contract value is approximately EUR 18 million.