Technip said Wednesday it is part of a consortium that won a $3.5 billion subsea contract from Total for work offshore Angola in Kaombo.
With a 55 percent interest in the consortium, the award is France-based Technip’s biggest subsea contract in its history.
A strategic alliance between Technip and Holland-based Heerema, which was awarded the work, was formed 15 months ago to offer comprehensive solutions for subsea projects.
Technip will perform engineering, procurement, construction, and installation (EPCI) work as well as pre-commissioning for the subsea umbilicals, risers, and flowlines (SURF).
Technip CEO Thierry Pilenko said, “This project is the largest subsea contract ever awarded to Technip and strengthens our position in the ultra-deepwater market.”
“[W]e are delighted to see that this award validates [Technip and Heerema’s] commitment to developing facilities and workforce locally for the benefit of the Angolan energy infrastructure,” Pilenko said.