Technip signs frame agreement with Petrobras

Technip has signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit (UO-RIO)*, including existing offshore platforms located in the Campos Basin area, Brazil.

The services comprise basic and detailed design, documentation update, engineering consulting, planning, control and execution, and supplies for 13 offshore platforms. Technip was previously awarded contracts on some of these projects, most notably designing and constructing the topsides of three of Petrobras’ deepwater production semis – P-51, P-52, and P-56 – the largest topsides floatovers onto semisubmersible hulls in the world.

Technip’s operating center in Rio de Janeiro will carry out the project management, engineering and procurement. Services will be performed upon client request.

Jose Jorge Araujo, Technip’s senior vice president of Onshore Latin America & Offshore Brazil, stated: “This award reasserts Technip in Brazil’s competitiveness as a top-class services provider and reinforces our long-term commitment to Petrobras’ key projects.”

* UO-RIO was created on November 1, 2000, from the restructuring of Petrobras' Exploration and Production business segment. It currently manages six concessions located in deep and ultra-deep Campos Basin waters, where the Albacora Leste, Barracuda, Caratinga, Marlim Leste, Marlim Sul, and Roncador fields are located. UO-RIO operates 15 offshore platforms. Two new platforms, P-55 and P-62, have startup foreseen in 2013 and 2014, respectively.

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