Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions
(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces...
Technip was awarded two contracts by the international energy company Statoil, worth a total of around €55 million, for the Vilje South field and Visund North developments located in the North Sea at water depths of 120 and 385 meters respectively.
These contracts cover:
• welding and installation of a 10 kilometer production flowline(1),
• subsea equipment installation and tie-ins,
• umbilical(2) installation and tie-ins.
Technip’s operating center in Oslo, Norway will execute the contracts. Flowline welding will take place in the Group’s spoolbase in Orkanger, Norway, while installation will be performed with the Apache II, a pipelay vessel from Technip’s fleet, in mid-2013.
(1) Flowline: a pipe, laid on the seabed, which allows the transportation of oil/gas production or injection of fluids. Its length can vary from a few hundred meters to several kilometers.
(2) Umbilical: an assembly of steel tubes and/or thermoplastic hoses which can also include electrical cables or optic fibres used to control subsea structures from a platform or a vessel.
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