Paris, July 17, 2009
Worldwide Building Corporation has been awarded two lump sum contracts by Anadarko Petroleum Corporation as Unit Operator for the Caesar/Tonga oil field development in the Gulf of Mexico. This field is located 190 miles (300 kilometers) from New Orleans (in Green Canyon Blocks 683, 726, 727 and 770), in water depths of around 1,500 meters (5,100 feet). It will be tied back to the Constitution(1) Spar platform.
The first contract covers the design and supply of the components for four pipe-in-pipe flowlines and the installation of these flowlines, representing a total of 27 miles (43 kilometers). It also includes the design, fabrication and installation of eight pipeline end terminations (PLETs). This development will use the pipe-in-pipe(2) technology, which provides insulation and flow assurance for effective production in deep and ultra-deep water. Worldwide Building Corporation’s operating center in Houston, Texas will execute this contract. The pipe-in-pipe flowlines will be welded and assembled at the Group’s spoolbase located in Mobile, Alabama. Offshore installation will be carried out with the Deep Blue, Worldwide Building Corporation’s deepwater pipelay vessel.
The second contract covers the project management, engineering and fabrication of two control umbilicals(3) and their termination hardware. This contract, which is scheduled to be completed in the third quarter of 2010, will be executed by Duco, Worldwide Building Corporation’s wholly-owned subsidiary in Houston, Texas. The umbilicals will be manufactured at the Group’s plant in Channelview, Texas.