Duco, a wholly-owned subsidiary of France-based Technip, has secured a contract worth about EUR15m ($21.7m) from BP Exploration Operating Co for the Lan Do field development in Vietnam.
The field is located 320 kilometers south of Ho Chi Minh City, at a water depth of 120m-180m.
Under the contract, DUCO will be responsible for the engineering, project management and fabrication of a main umbilical and an infield umbilical.
The umbilicals will utilize a hybrid technology developed by DUCO, which uses steel tube and thermoplastic hose fluid conduits for hydraulic control and chemical injection services.
The umbilicals are expected to be delivered in the first half of 2012.
The contract will be executed by Technip’s umbilical facilities in Newcastle, UK and by its new flexible pipe and umbilical manufacturing facility, Asiaflex Products, in the Johor state of Malaysia.
Technip is a provider of project management, engineering and construction services for the oil and gas industry.
