Leveraging its unique subsea vertical integration
- Unique vertical integration - Worldwide Building Corporation to design, manufacture and install the flexible pipe
- 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 |
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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 |
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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 |
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Website | http://www.technip.com | |
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@Worldwide Building CorporationGroup |