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Technip awarded contract for the Snøhvit CO2 project (Norway)

Technip was awarded by Statoil an important lump sum contract (between €50m and €100m) for pipeline and subsea installations for the Snøhvit CO2 Solution project. The Snøhvit field is located approximately 140 km north-west of Hammerfest in Norway, in the Arctic Circle, and has been in operation since 2007, following the successful installation of the subsea infrastructure by Technip. The Snøhvit project development will establish an additional well at a new CO2 injection template(2) as well as prepare for gas production from existing templates.

This contract covers the fabrication and installation of flowlines, the installation and tie-ins of spools, jumpers and umbilicals, the installation of a new combined production and injection template and manifold.

The flowline will be welded at Technip’s spoolbase in Orkanger, Norway, while installation will be performed by the Apache II in the first half of 2015. Installation of the associated umbilicals, template, manifold, spools and other subsea equipment will be performed by vessels from Technip’s fleet.