Technip has been awarded a frame agreement for engineering studies by Statoil Brasil Óleo & Gàs Ltda. The scope of this 3 year contract includes feasibility, concept and front-end engineering design studies for Statoil’s existing offshore production fields and future developments in Brazil. All work will be executed by Technip’s operating center in Rio de Janeiro, Brazil with support from the Group’s European centers, achieving a minimum of 60% of local content. Technip has previously carried out similar feasibility, conceptual and front-end engineering design projects for Petrobras, OGX, OSX and
Maersk.