Technip wins substantial contract for Libra Field

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Technip wins substantial contract for Libra Field

Technip was awarded a substantial(1) contract from Libra Oil & Gas BV, a consortium led by Petrobras Netherland BV (40%) and partners: Shell (20%), Total (20%), CNOOC (10%) and CNPC (10%).

The project includes the supply of flexible pipes for the Libra Extended Well Test field, located in the Santos Basin pre-salt area, Brazil. This is one of the first steps of the Libra giant field development.

This contract covers the supply of high-end flexible pipes including: 8″ oil production, 6″ service and 6″ gas injection flexible pipes. Designed to produce the first Libra field oil, they are the first 8’’ oil production pipes to be installed in pre-salt area. This demonstrates Technip´s technological leadership and reinforces flexible pipes suitability for the ultra-deepwater and fluid harsh conditions of Brazilian pre-salt fields.

Technip’s operating center in Rio de Janeiro, Brazil, will perform the project management and engineering. The highly technological flexible pipes will be produced at Technip’s manufacturing sites in Vitόria and Açu, Brazil. Delivery is scheduled to start in the second half of 2016.

Adriano Novitsky, President of Technip in Brazil, commented: “Technip is very proud to have been selected to supply the first pipes for the Libra development. It is the result of strong R&D and engineering efforts to overcome the pre-salt technical challenges using flexible pipes solution.”

(1)For Technip, a “substantial” subsea contract is ranging from €100 to €250 million.

Source and Link: The EPC Engineer

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.