TPI July 2012

business & market news

Flexible pipe frame agreement Technip has been awarded a five-year frame agreement contract from Petróleo Brasileiro SA (Petrobras) for the supply of around 1,400km of flexible pipes. Supply will start in 2013 and orders are guaranteed for at least 50% of the total value, which is currently estimated to be worth around US$2.1bn. manufacturing site in Vitoria, and also at a new manufacturing facility under construction in Açu, Brazil. Accordingly, the award confirms the rationale of the investment announced last year in a second flexible pipe plant in Brazil capable of delivering a range of technologically advanced, high- end flexible pipe products to meet the strong demand growth and evolving technology requirements expected in the Brazilian market.

reinforces our leadership in flexible pipes and the subsea industry overall, where we have a unique vertically integrated offer for our clients, combining a global footprint, proprietary R&D and technology, substantial engineering resources, manufacturing plants and a fleet of state-of-the-art vessels.” The contract will be fulfilled by Technip with a high level of Brazilian content and is a great success for Technip’s operations in Brazil, where the Group has been present for more than 35 years. During that time, Technip has invested continuously in leading-edge assets and technology.

The scope of the contract includes the manufacture of over 150 types and diameters of risers, flowlines and associated equipment and accessories. Deliveries under this frame agreement will be spread over the contract period and order intake recognition will progress as specific work orders are confirmed.

Frédéric Delormel, executive vice president and chief operating officer, subsea, stated, “This agreement demonstrates the great potential of flexible pipe solutions to facilitate the development of deeper and more complex offshore oil and gas fields worldwide. This frame agreement

Technip – France www.technip.com

Flexible pipes for the contract will be produced both at Technip’s existing

Deep Down announces multiple awards Deep Down, Inc, an oilfield services company specialising in complex deepwater and ultra-deepwater oil production distribution systemsupport services, has been awarded multiple contracts for subsea hardware and deployment equipment orders worth in excess of $2.6mn. Two orders were placed by a major controls OEM, and the third order placed by an international installation contractor. The company will manufacture umbilical termination assemblies (UTA), flying leads, umbilical termination heads (UTH), rapid deployment cartridges, Moray ® and flying lead deployment frames. The majority of the work was scheduled to be completed in the first quarter 2012, with the remainder completed in the beginning of the second quarter. Deep Down, Inc – USA sales@deepdowninc.com www.deepdowninc.com

Two kilometre seamless coil tube produced

alternative energy, life sciences, process control, aerospace, defense, etc. Xtreme Length coils range from 19mm outside diameter down to 0.5mm. Primary alloys are 300 series stainless, but other corrosion resistant alloys are available. HandyTube Corporation is a division of Handy & Harman Ltd, a publicly traded company. HandyTube is based in Camden, Delaware, USA and is a premium manufacturer of seamless stainless steel tubing. Formerly known as Camdel Metals, HandyTube has been successfully operating since 1981.

for defects normally related to longitudinal or orbital welding.

HandyTube has announced the completion of the longest seamless stainless steel tube ever produced. The Xtreme Length coil measures over 2 kilometres in length with an outside diameter of 3mm and wall thickness of 0.75mm. Lindsay Wallace, product owner for the precision materials segment at HandyTube, said: “HandyTube prides itself on offering custom solutions to its customers. By leveraging over 30 years of experience in long, seamless, stainless- steel coiled tubing we have been able to achieve another milestone by successfully producing the Xtreme Length.” The coil was produced using one extruded mother tube, therefore reducing the opportunity

HandyTube seamless coils are the right solution for critical applications. Critical applications may involve a fluid or gas under pressure, or a non-pressure application where the Xtreme Length allows for the elimination of couplings as well as ease of installation. Original equipment manufacturers enjoy the efficiencies gained by utilising the Xtreme Length coils opposed to working with the limitations of 6 metre standard lengths. The long seamless coils produced by the talented associates at HandyTube are utilised worldwide in a range of markets from oil and gas,

HandyTube – USA info@handytube.com www.handytube.com

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July 2012 Tube Products International

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