BP Selects Technip for the Thunder Horse South Expansion Project in the Gulf of Mexico

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by BP Exploration & Production Inc. a lump sum project for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit. At a water depth of approximately 1,900 meters, the current field development is located in Mississippi Canyon Blocks 778 and 822, in the ultra-deepwater Gulf of Mexico environment.

The project scope covers:

• Project management and engineering,
• Coating, fabrication, installation and permanent anchoring of two rigid production flowlines of 3.25 kilometers each with 4 pipeline end terminations,
• Pre-commissioning and testing.

Technip will leverage its unique integrated approach in the subsea business. Technip's operating center in Houston, Texas, USA, will perform the overall project management. The infield flowlines will be welded at the Group’s spoolbase in Mobile, Alabama, USA. The offshore installation is expected to be performed in the second half of 2016 by Technip’s flag ship vessel the Deep Blue, one of the world's largest ultra-deepwater pipelay and subsea construction vessel.

Deanna Goodwin, President of Technip in North America, commented: « This award follows Technip’s execution of several phases of the Thunder Horse development since 2003, culminating with the installation of the Gulf of Mexico’s first plastically lined water injection pipelines in December 2014. We are extremely pleased to have this opportunity to contribute to the further development of the Thunder Horse field ».

Fast facts about subsea products

- Flowline: a pipe, laid on the seabed, which allows the transportation of oil/gas production or injection of fluids. Its length can vary from a few hundred meters to several kilometers.

- Pipeline end termination: a subsea structure which connects rigid flowline and flexible riser.

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Technip is a world leader in project management, engineering and construction for the energy industry.

From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our 38,000 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.

Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.

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