Technip has been awarded a 5-year frame agreement contract from Petróleo Brasileiro S.A. (Petrobras) for the supply of around 870mi of flexible pipes. The contract is effective immediately with supply starting in 2013 and orders are guaranteed for at least 50% of the total value, which is currently estimated to be worth around USD 2.1 billion.
The scope of the contract includes the manufacture of over 150 types and diameters of risers, flowlines and associated equipment and accessories. Deliveries under this frame agreement will be spread over the contract period and order intake recognition will progress as specific work orders are confirmed. Flexible pipes for the contract will be produced both at Technip’s existing manufacturing site in Vitoria, and also at its new manufacturing facility under construction in Açu, Brazil.
The scope of the contract includes the manufacture of over 150 types and diameters of risers, flowlines and associated equipment and accessories. Deliveries under this frame agreement will be spread over the contract period and order intake recognition will progress as specific work orders are confirmed. Flexible pipes for the contract will be produced both at Technip’s existing manufacturing site in Vitoria, and also at its new manufacturing facility under construction in Açu, Brazil.
