OIL

Technip-Coflexip wins big North Sea contract

The UK entity of the Technip-Coflexip Group, Coflexip Stena Offshore Ltd (CSOL), has been awarded...

Under terms of the contract, CSOL will be responsible for delivering project management, engineering, DSV and subsea services. In addition, the contract has provision for EPIC pipelaying/trenching, well servicing, abandonment, decommissioning and other construction services.

The majority of the work to be carried out for Texaco, Amerada Hess and Talisman Energy (THT) will be performed by the DSV CSO Alliance, with additional support provided by a range of specialist vessels, according to Coflexip.

"Collaborative contracts of this nature will be critical to the success of lowering field development and production costs, helping the UK sector of the North Sea to sustain its competitive position against other international opportunities," Mr David Cassie, executive vice president, North Sea, Canada and Caspian, for Technip-Coflexip said.

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