Energy service giant Technip said yesterday it had won a “large” contract – worth at least £200million – from oil firm EnQuest for work on the Kraken development in the UK North Sea.
Technip is providing engineering, procurement, installation and construction (EPCI) services to EnQuest, whose £4billion Kraken project 81 miles east of Shetland is expected to start producing oil towards the end of 2016.
The field is estimated to contain about 140million barrels of gross oil reserves.
Paris-based Technip said its involvement covered the fabrication and installation of more than 30 miles of pipe.
The company is also under contract to deliver three umbilicals, stretching a total of nearly nine miles, and more than four miles of flexible subsea risers and jumpers.
Technip did not put an precise value to its latest EnQuest deal, but the firm’s standard definition of a “large” contract means it is in the range of £200milillion-£400million.
The company said it was managing the project from its operating centre in Westhill, near Aberdeen, with work being done in both Evanton in Easter Ross and Newcastle.
Technip vessels being used include the Deep Energy, which is said to be one of the largest pipelay ships ever built.
Bill Morrice, Technip UK managing director, said: “We are delighted to have been awarded this contract, which builds upon our excellent relationship with EnQuest.
“Our vast experience in the delivery of efficient, cost-effective solutions for our clients has been recognised once again.
“We look forward to supporting EnQuest to maximize production from the Kraken field, currently one of the largest developments in the UK North Sea.”