Statoil extends Technip contract for pipeline repair services in Norway
Statoil awarded Technip with a two-year extension of its pipeline repair system (PRS) services frame contract until December 1, 2014.
The yearly revenue under the contract is expected to be in the range of €13-26 million, according to the companies.
This contract covers maintenance and operation of Statoil’s PRS Pool located at Killingøy in Haugesund, Norway.
Technip’s responsibility is to ensure that the PRS is ready for contingency operations and that qualified personnel are available to operate the equipment should an emergency operation be required.
The PRS is also used for planned marine operations including hot-taps and hyperbaric welding operations (tie-ins).
The use of the PRS for planned work improves the contingency preparedness for an eventual pipeline repair operation, the companies said.
The frame contract is carried out by Technip’s operating center at Killingøy, in collaboration with DeepOcean.
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