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Technip Wins Contract For Nord Stream Project In Baltic Sea

Published: 18-Mar-2010

Technip has been awarded by Nord Stream a frame contract worth approximately EUR35m for the Nord Stream pipeline project in the Baltic Sea. Technip's operating center in Stavanger, Norway, will execute this contract.

The contract covers four tie-ins on the two parallel pipelines that will run through the Baltic Sea from Vyborg in Russia to Lubmin in Germany crossing Russian, Finnish, Swedish, Danish and German waters. The pipelines will have a total length of approximately 1,220km.

The subsea tie-in operations will be performed using the pipeline repair system (PRS) and Skandi Arctic, a diving support vessel from Technip's fleet, and are scheduled for mid-2011 for the first pipeline and mid-2012 for the second one.

Headquartered in Paris, Technip provides services in the fields of project management, engineering and construction for the oil and gas industry.

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