Technip awarded flexible supply contract for Ichthys field development in Australia

Wednesday, Apr 11, 2012

Technip (Paris:TEC) (ISIN:FR0000131708) was awarded by INPEX CORPORATION a flexible pipe supply lump sum contract for the Ichthys gas field, in Australia. INPEX has novated this contract to McDermott as part of the overall subsea umbilical, riser, flowline EPCI contract. The Ichthys LNG project is a Joint Venture between INPEX (76%, the Operator) and Total (24%).

Gas from the Ichthys field, in the Browse Basin approximately 200 kilometers offshore Western Australia, will undergo preliminary processing offshore to remove water and extract condensate. The 889 kilometers Ichthys gas export pipeline will transport production from the offshore central processing facility through a subsea pipeline to the onshore liquefied natural gas (LNG) facility to be located at Blaydin Point, Darwin, Northern Australia. The Ichthys LNG project is expected to produce 8.4 million tonnes of LNG and 1.6 million tonnes of liquefied petroleum gas per annum, along with approximately 100,000 barrels of condensate per day at peak.

The ‘Supply A – Production & Gas Export Lines’ contract includes:

3 kilometers of technologically advanced smooth bore 10” flexible gas export risers^*,

3 kilometers of 12” production risers.

Technip’s operating center in Perth, Australia, will execute the contract with the flexible risers being manufactured at Technip’s flexible plant in Le Trait, France. The contract is scheduled to be completed in the first semester of 2015.

Source: Business Wire

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