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Technip awarded a new contract in Brazil

Technip has been awarded a contract worth approximately $150 million by Petrobras for the development of the Roncador field, located off the Brazilian coast. The Roncador P-54 project consists of eleven production and six water injection subsea wells, located at water depths down to 1,740 meters and connected in direct tie-back to the P-54 FPSO anchored at a water depth of 1,400 meters.

Technip will perform the engineering, project management, manufacturing and testing of six different types of flexible pipes. Technip's operations and engineering center in Rio de Janeiro (Brazil) will execute the engineering and the project management. The group's plant located in Vitória (Brazil) will manufacture the 142 km of flexible pipes.

FPSO (Floating, Production, Storage and Offloading): a converted or custom-built ship-shaped floater, employed to process oil and gas and for temporary storage of the oil prior to transhipment.



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