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Technip awarded term agreement with BG Group in the North Sea

Posted on 27.07.2010 - 12:00 EDT in CONTRACT AWARDS by Rons_ROV_Links

Technip awarded term agreement with BG Group in the North SeaTechnip has been awarded a major four-year term agreement by BG Group for the provision of front-end engineering and design (FEED), pre-FEED, full EPIC and IRM services in both the United Kingdom and Norwegian Continental Shelves. The agreement contains a provision to extend the contract with a further three one-year options.

This agreement, which takes immediate effect, will apply to multiple field developments and is already being applied to the Blake, Flank and Pi projects using vessels from Technip's suite of pipelay, construction, trenching, survey & utility and DSV assets.

Knut Boe, Senior Vice President of Technip's North Sea Canada Region, commented: "We are delighted that BG Group has recognized Technip's ability to deliver a full package of services."

"This agreement builds on our existing long-standing relationship with BG and reinforces Technip's leading position in the North Sea Subsea sector. We will support BG throughout this agreement from our operating centers in Aberdeen, Scotland and Oslo, Norway."

Genesis, DUCO and Flexi France, all of which are Technip Group entities, will also play a part in executing the contract.

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