Technip has approached seismic contractor CGG about a potential merger. The French services company confirmed it wanted to enter into a "contstructive dialogue" with CGG regarding the integration and development of its reservoir, data processing and seismic activities with Technip. However, a short statement released by CGG appears to dismiss the offer.
A newbuild Diving Support Vessel (DSV) currently being built by Vard has been named as the ‘Deep Explorer’. The state-of-the-art vessel was commissioned by French services company, Technip. The company had previously announced in April plans to invest in the new vessel, which has been equipped with the latest navigational technology.
Technip has been awarded an engineering and procurement contract for a chemical ethylene plant expansion in Louisiana. The award will see the French company provide its services to expand the recovery section of Westlake’s Petro 1 ethylene plant at its complex in Sulphur. Technip’s operating centre in Houston will execute the project with support from the group’s office in Mumbai.
Technip has been awarded a contract for project management consultancy services for the Nasr Phase II full field development project by Abu Dhabi Marine Operating Company (ADMA-OPCO). The Nasr Field is being developed to secure an annual average production of 65kb/d of crude oil by using offshore process facilities, wellheads, pipelines and facilities on Das Island. The contract is the second win for the company this week after it was awarded a subsea contract for the K2 field in the Gulf of Mexico.
Petronas has awarded Technip a five-year agreement for an Engineering, Procurement, Construction & Installation (EPCI) deal for projects in Malaysia. The contract will see the French services company provide supply only of flexible pipes and is the third new contract deal announced this week. Asiaflex Products, Technip’s flexible pipe manufacturing plant located in Johor, Malaysia, will execute the framework agreement.
Technip has entered a contract deal to supply its proprietary ethylene technology and process design package (PDP) for a grassroots cracker in a US-based petrochemical complex. The technology will be used for the proposed ASCENT (Appalachian Shale Cracker Enterprise) complex, which is currently being evaluated by Odebrecht and Braskem in Parkersburg, West Virginia.
Technip has been awarded an engineering and procurement contract by Sasol for eight furnaces at its ethane cracker and derivatives complex in Louisiana. The award is for proprietary Ultra Selective Conversion (USC) furnaces which will be used at Lake Charles in the Southern state. The company’s operating centre in Houston will execute the project.
Technip has been awarded a substantial contract by Chevron Indonesia for the Bangka development. The French energy company will provide a range of services including procurement, construction, installation and commissioning.
Engineering and construction company Technip has been awarded a ‘significant’ contract worth up to £80million for work in the Kingdom of Bahrain.