Libra Oil & Gas awards contract to Technip

Libra Oil & Gas awards contract to Technip
-
0Comments

Libra Oil & Gas BV awarded Technip a substantial contract Tuesday as part of a consortium that is headed by Petrobras Netherland BV and its partners.

The contract includes supplying flexible pipes for the Libra Extended Well Test field, which is located in the Santos Basin pre-salt area in Brazil.

“Technip is very proud to have been selected to supply the first pipes for the Libra development,” President of Technip in Brazil Adriano Novitsky said. “It is the result of strong R&D and engineering efforts to overcome the pre-salt technical challenges using flexible pipes solution.”

Technip will supply 8” oil production, 6” service and 6” gas-injection flexible pipes to the Libra Extended Well Test field. Due to the ultra-deepwater and fluid harsh conditions of the Brazilian pre-salt fields, Technips 8″ oil production pipes will be the first to be installed in the area.

Technip operates out of Rio de Janeiro and will manage the project management and engineering required for the product from there. The flexible pipes themselves will be manufactured at Technip’s manufacturing facilities in Vitória and Açu, Brazil.

Delivery of the flexible pipes is slated to begin in the second half of 2016.



Related

Máximo Pacheco, Chairman of the Board

Codelco chairman outlines company’s progress and diversification into lithium

Codelco chairman Máximo Pacheco told lawmakers on May 6 about advances in project completion and strategic expansion into lithium mining. He discussed how these changes position the state-owned firm for long-term growth despite ongoing financial challenges.

Alejandro González Dale CEO, General Manager of Falabella

Grupo Falabella net income rises 22% in Q1 2026, reaching US$253 million

Grupo Falabella announced that its net income rose by twenty-two percent in the first quarter of this year compared to last year’s figures. The company highlighted gains across retail formats as well as continued growth in digital banking services.

Ben Cooke, President at Marathon Sports Inc.

Mount to Coast releases C1 super trainer for daily and uptempo running

Mount to Coast has launched its new C1 super trainer aimed at runners needing both cushioning and responsiveness. Reviewers found it durable with customizable fit but noted it’s heavier than some competitors.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Latin Business Daily.