Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/financial/money/technip-invests-in-the-modernization-of-its-plant-.shtmlTechnip invests in the modernization of its plant in France
Technip announces an investment over four years to modernize its flexible pipe manufacturing plant, Flexi France, in Le Trait, France.
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Technip announces an investment over four years to modernize its flexible pipe manufacturing plant, Flexi France, in Le Trait, France. Further strengthening Technip’s expertise and industrial capabilities at the site will reinforce its global position in the production of flexible pipes, for the development of offshore oil and gas fields.
This modernization plan focuses on the installation of new-generation machines and site optimization to fit 12 meter diameter reels, on which flexible pipes are spooled. Increasing the reel capacity from 9.6 to 12 meters in diameter will provide room for twice as much flexible pipes on each reel.
Technip's investment will also create a new area dedicated to the testing of the world’s most sophisticated flexible pipes.
This investment amounts to €68 million and is part of Technip’s technological innovation and differentiation strategy. Field developments are becoming increasingly complex, including deepwater operations with higher pressure levels and more corrosive fluids. Technip is focused on technology as an optimization driver for its clients.
