Technip awarded two-year extension of frame contract for pipeline repair services

abarrelfull wrote on 11 Nov 2011 17:45
Tags: europe norway services statoil technip

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Technip was awarded the options for a two-year extension of the Statoil PRS(1) Pool services frame contract to the latest possible completion date of 1st December 2014. The yearly revenue under the contract is expected to be in the range of €13-26 million.

This contract covers maintenance and operation of Statoil’s PRS Pool located at Killingøy in Haugesund, Norway.

Technip’s responsibility is to ensure that the PRS is ready for contingency operations and that qualified personnel are available to operate the equipment should an emergency operation be required. The PRS is also used for planned marine operations(2) including hot-taps(3) and hyperbaric welding operations (tie-ins)(4). The use of the PRS for planned work improves the contingency preparedness for an eventual pipeline repair operation.

The frame contract is carried out by Technip’s operating center at Killingøy, in collaboration with DeepOcean.

• Technip awarded two-year extension of frame contract for pipeline repair services

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