Technip awarded $250 million contract
5 Sep 2002
Husky Energy Inc. has awarded Technip CSO Canada Ltd a $250 million contract to design, supply and install the subsea system for the White Rose oil field project located 350 kilometres off the east coast of Newfoundland and Labrador.
The subsea production system includes a total of 42 kilometres of flexible risers, flowlines and umbilicals, five subsea manifolds, up to 21 Christmas trees and wellheads distributed across three Glory Hole sites. Glory Holes are depressions in the ocean floor excavated to provide protection for the subsea production equipment.
Husky plans to use a floating production, storage and offloading (FPSO) vessel to develop the offshore field. The contract contains an option for Technip CSO Canada to carry out the installation of the mooring system for the White Rose FPSO.
White Rose is the third major oil field project in the Jeanne d'Arc basin, following Hibernia and Terra Nova. White Rose received project sanction in March 2002 and first oil is scheduled to commence prior to the end of 2005.
