TechnipFMC wins subsea contract for pipeline in Vietnam
The contract, which is worth between $75 million (€68 million) and $250 million (€227 million), is for the construction of a pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.
It includes the engineering and installation of 118km of rigid pipeline, as well as the fabrication of subsea structures to tie back the existing Nam Con Son 2 Phase 1 gas pipeline to the Long Hai Landfall Station.
“We are extremely pleased to have been entrusted with the Nam Con Son 2 Phase 2 pipeline contract,” commented Arnaud Piéton, president of subsea at TechnipFMC. “This pipeline collects and transports gas from several reserves to help meet the demand in Southeast Vietnam, and we look forward to collaborating with PetroVietnam Gas on this project.”
The Nam Con Son 2 pipeline is designed to transport and process around 20 million standard cubic metres of gas per day. Total investment in the project is estimated at $1.3 billion (€1.18 billion).