France’s Technip was awarded a “substantial” subsea contract from Chevron Indonesia for the Bangka Development.
For Technip a “substantial” subsea contract has a value ranging from $127 million to $318 million.
The contract covers engineering, procurement, construction, installation, commissioning and pre commissioning of flexibles, umbilical and subsea structures.
Technip will fabricate the flexible pipes and manufacture the umbilical at Technip Umbilicals’ facility in Texas.
The company will also mobilize the Deep Orient, its multipurpose installation and construction vessel, for the installation phase of the project.
The Bangka Development is located in the Rapak PSC area, 43 miles offshore the province of East Kalimantan, Indonesia.
Technip’s operating centers in Jakarta, Indonesia, and Kuala Lumpur, Malaysia, will execute the contract and provide customer support, from conception to execution.
“We are delighted to be awarded this new project. It demonstrates our differentiating advantage of having a unique vertically integrated value chain for subsea infrastructures to provide the most competitive solutions to our client,” president of Technip in Asia Pacific KK Lim said.