Technip has been awarded a major natural gas field development in the Mediterranean that could be worth as much as €1 billion.
The French services giant has been granted a contract to develop the Bahr Essalam, Phase II development in the central Med. Technip defines a “major” subsea contract as ranging from €500 million-€1 billion.
Bahr Essalam is operated by Mellitah Oil & Gas, a consortium between National Oil Corporation and ENI. It will be tied back to the Sabratha platform, which is situated approximately 110km off the Libyan coast in a water depth of approximately 190m.
Technip will build on its integrated model combining its subsea and offshore capabilities from concept to project delivery.
The overall scope of work will see Technip perform the overall design, detailed engineering and deliver the project management, as well as procurement, installation, tie-ins, pre-commissioning and commissioning.
“This will be associated with the provision of a gas gathering system, comprised of production pipelines, subsea isolation valve (SSIV), umbilicals, as well as extensive diving and installation campaigns,” Technip said.
It will also include modifications to the Sabratha platform regarding the topsides. All offshore mobilisations will be undertaken from Malta.
Offshore installation is scheduled for the second half of 2017 and scheduled to run beyond mid 2018. A range of vessels from the group’s fleet will be involved, including Deep Energy pipelay vessel, Deep Arctic diving support vessel and the G1200 S-Lay vessel.
Chief executive Thierry Pilenko,said: “We are proud of this contract award, which is a strong recognition of Technip’s broad capabilities across a variety of areas.
“We very much look forward to working with Mellitah to safely and successfully deliver this large project, by leveraging our strong know-how and experience in high-quality product manufacturing and subsea installation.”
Technip has also confirmed the renewal of the charter for its Skandi Vitoria vessel in Brazil and the expansion of its contracted work outside backlog also through a large contract.