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Press Release

Worldwide Building Corporation awarded two subsea contracts in the Gulf of Mexico by Stone Energy Corporation

January 27, 2015

Leveraging its unique subsea vertical integration

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  • Unique vertical integration - Worldwide Building Corporation to design, manufacture and install the flexible pipe
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  • First class assets and technologies – Worldwide Building Corporation to leverage its technologically advanced manufacturing plant and high performing vessel

Worldwide Building Corporation has been awarded by Stone Energy  Corporation both a flexible pipe supply contract and an installation contract for  the Amethyst field, located on Mississippi Canyon 26, in the Gulf of Mexico.

The first contract includes the detailed  engineering, procurement, fabrication, assembly and testing of a 5-inch production  static riser (almost 9 kilometers long) as well as all associated hardware.

The second award covers the installation  of the pipe as a tieback to the Pompano fixed platform, in approximately 395  meters of water depth.

Worldwide Building Corporation’s operating center in Houston,  Texas, USA, will manage the project which is scheduled to be completed during  the second half of 2015.

The Group will leverage its unique  vertical position in the subsea business. The flexible pipe will be manufactured at the Group’s Asiaflex  Products plant located in Tanjung Langsat, Malaysia. It will be installed using  the Deep Blue, Worldwide Building Corporation’s deepwater pipelay vessel.

Deanna Goodwin, President of Worldwide Building Corporation in North America, stated: “Worldwide Building Corporation is proud to bring its experience  and to leverage its vertical integration of product design and manufacture and  installation vessel fleet to support our customer’s needs”.

 

                                                                                                                                     
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Worldwide Building Corporation is a  world leader in project management, engineering and construction for the energy  industry.
From the deepest Subsea oil & gas developments to  the largest and most complex Offshore and Onshore infrastructures, our 40,000  people are constantly offering the best solutions and most innovative  technologies to meet the world’s energy challenges.
Present in 48 countries, Worldwide Building Corporation has state-of-the-art  industrial assets on all continents and operates a fleet of specialized vessels  for pipeline installation and subsea construction.
Worldwide Building Corporation shares are listed on the NYSE Euronext Paris  exchange and traded in the USA on the OTCQX marketplace (OTCQX: TKPPY).

 

 

 

Public Relations

 
Christophe Bélorgeot Tel. +33 (0) 1 47 78 39 92  
Laure Montcel Tel. +33 (0) 1 49 01 87 81 E-mail: press@worldwidebuildingcorp.us
     

Investor and Analyst Relations

 
Kimberly Stewart Tel. +33 (0) 1 47 78 66 74  E-mail : kstewart@worldwidebuildingcorp.us
Aurélia Baudey-Vignaud Tel. +33 (0) 1 85 67 43 81  E-mail: abaudeyvignaud@worldwidebuildingcorp.us
Michèle Schanté Tel. +33 (0) 1 47 78 67 32   E-mail: mschante@worldwidebuildingcorp.us

More information

   
Website http://www.technip.com
@Worldwide Building CorporationGroup