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Neptune Energy Awards EPCI Contract to TechnipFMC

Source: www.gulfoilandgas.com 4/2/2019, Location: Europe

Neptune Energy has entered into a global Alliance Agreement with TechnipFMC for delivering subsea projects. The Alliance Agreement between Neptune and TechnipFMC has been signed for an initial five year term with options for further extensions. The Agreement covers the full project lifecycle from early concept work, through engineering, procurement, delivery of subsea production systems and installation of subsea equipment and infrastructure, and continues into life of field support.

The first developments to be executed under this contract model are the Duva and Gjoa P1 projects in The Norwegian sector of the North Sea. Both fields will be developed as fast-track subsea tiebacks to the Neptune operated Gjoa facilities. TechnipFMC has been awarded a contract covering the subsea equipment from the wellheads to the riser hang-off at Gjoa. This includes subsea templates, xmas trees, manifolds, production and gas lift pipelines, umbilicals, subsea structures and control systems) plus installation activities.

The engineering and fabrication works have commenced and the first template will be installed Q3 2019 on the Duva field. The majority of the installation scope will be in 2020 with first oil targeted for Q4 2020.

Mark Richardson, Vice-President Projects in Neptune Energy said “The global Alliance Agreement establishes a long-term relationship, based on common goals, shared values and mutual trust, supported by a commercial model where collective positive performance is rewarded.”

Engineering Procurement and Construction (EPC) News in Norway >>

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United States >>  7/25/2019 - KBR (KBR) announced today that, following a Final Investment Decision from Methanex, approval has been given to begin work on the detailed Engineering...
Russia >>  7/23/2019 - TechnipFMC has been awarded a major Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project ...

United Kingdom >>  7/22/2019 - Neptune Energy and its joint venture partners BP and JAPEX today announced TechnipFMC has been awarded an engineering, procurement, construction and i...
United Kingdom >>  7/22/2019 - TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from Neptune Energy for...

Related Categories: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 

Related Articles: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 


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