Technip-Coflexip Awarded EPIC Contract Xikomba Field Development Offshore Angola

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July 18th, 2002

Technip-Coflexip (NYSE: TKP and Euronext: 13170) has been awarded a contract, by Esso Exploration Angola (Block 15) Limited (Esso), which includes the procurement, fabrication and installation of flexible flowlines and risers, connected to an FPSO, and installation of umbilicals, rigid jumpers and associated subsea equipment for the Xikomba field offshore Angola.

The award of the Xikomba project follows the successful completion of a deepwater flexible risers pre-qualification and testing program carried out by Technip-Coflexip last year.

The Xikomba field is located in Block 15 offshore Angola approximately 370 km northwest of Luanda. The Angolan national oil company, Sonangol, is the concessionaire of the block. Under a Production Sharing Agreement with Sonangol, Esso is the operator of Block 15 and holds a 40% interest. The other Block 15 coventurers are BP Exploration Angola Ltd. with a 26.67% interest, Agip Angola Exploration B.V. with a 20% interest, and Den Norske Stats Oljeselskap a.s. with a 13.33% interest.

Technip-Coflexip will be in charge of the project management, engineering, procurement, transport and installation of:

  • production lines
  • water injection / gas injection lines
  • gas injection lines
  • FLETs (Flowline End Terminations)

The flexible flowlines will be manufactured at the Group’s plant in Le Trait, France. The installation campaign will be performed by the CSO Constructor during the second half of 2003.

Tom Ehret, Vice Chairman of the Management Board of Technip-Coflexip and President of the Group’s Offshore Branch, stated: “We are pleased to work with Esso, and to further enhance Technip-Coflexip’s presence in Angola. Technip-Coflexip’s world-wide deepwater expertise was a key element in this new co-operation with Esso. With our deepwater know-how and technologies, we are looking forward to executing safely another fast-track delivery project. Xicomba is another deepwater FPSO project connected with Technip-Coflexip flexible risers, the deepest ever installed in West African waters.”

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