Technip and Heerema form alliance to address subsea ultra-deepwater market
PARIS -- Technip and Heerema have announced a worldwide alliance agreement where the two companies will combine their capabilities to help their clients best address the fast growing subsea ultra-deepwater market.
Ultra-deepwater projects are expected to be the fastest growing part of the subsea market over the next several years. For example, ultra-deepwater infield pipelines are forecast to grow at a yearly pace more than 15% between 2012 and 2017.
The five-year alliance agreement makes available the complementary assets of the two companies for ultra-deepwater EPCI projects in all subsea markets requiring substantial tensioning capability and brings: High tension J-Lay vessels, provided by Heerema through their installation vessels Aegir (under construction) and Balder, and S-Lay and Reel-Lay assets of both companies, as needed.