TechnipFMC Wins Major Contract From ConocoPhillips in the North Sea

Written by Paulo Nogueira

Published on 23/04/2019 at 07:13

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TechnipFMC Received A Significant Engineering, Procurement, Construction, And Installation (iEPCI) Contract From ConocoPhillips For The Development Of Tor II, Located In The Norwegian Sector Of The North Sea At A Water Depth Of 80 Meters.

TechnipFMC announced on Tuesday that this contract covers the delivery and installation of a subsea production system, including the installation of rigid flowlines, umbilicals, and associated subsea equipment. The contract value is between US$ 75 million and US$ 250 million.

Arnaud Pieton, President Subsea Of TechnipFMC, Commented: “This Is The First iEPCI Contract From ConocoPhillips. Through Early Engagement And Collaboration With ConocoPhillips, We Designed An Integrated Subsea Solution That Enables First Oil Sooner Than With Traditional Project Execution.

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“We Partnered With ConocoPhillips In The Ekofisk Area On Various Projects And We Are Honored That ConocoPhillips Is Expanding Its Scope With Us, Embracing Our Innovative And Comprehensive Approach.”

Tor Is An Oil And Gas Field Located 13 Kilometers Northeast Of The Ekofisk Complex, At A Water Depth Of 70 Meters. The Field Was Discovered In 1970 And Started Production In 1978. Production Was Closed On January 1, 2016, After 37 And A Half Years Of Operation.

The Tor 2/4 E Is A Combined Accommodation And Processing Platform That Was Installed In 1975. The Accommodation Module Was Replaced In 1982 And Has 92 Beds. According To The Formal Decommissioning Resolution, The Installation Must Be Removed By The End Of 2022. A Field Redevelopment Is Planned.

The Field Is Primarily Located In Block 2/4 In Production License 018, But A Small Portion Extends Into Block 2/5 In PL 006. The Reservoir Is Located At A Depth Of About 3200 Meters. ConocoPhillips Is The Operator With A 30.66% Equity Stake.

It Is Worth Noting That ConocoPhillips Recently Signed A Contract To Sell Two ConocoPhillips Subsidiaries In The United Kingdom To Chrysaor For US$ 2.675 Billion, Plus Interest And Usual Adjustments.

TechnipFMC Wins Major Contract From ConocoPhillips in the North Sea

TechnipFMC Received A Significant Engineering, Procurement, Construction, And Installation (iEPCI) Contract From ConocoPhillips For The Development Of Tor II, Located In The Norwegian Sector Of The North Sea At A Water Depth Of 80 Meters.

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TechnipFMC Wins Major Contract From ConocoPhillips in the North Sea

TechnipFMC Received A Significant Engineering, Procurement, Construction, And Installation (iEPCI) Contract From ConocoPhillips For The Development Of Tor II, Located In The Norwegian Sector Of The North Sea At A Water Depth Of 80 Meters.

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Engineers had to pour concrete mixed with tons of ice throughout entire nights in the Dubai desert to erect the Burj Khalifa; any carelessness could clog the pipes half a mile high.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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