DeepFlex Awarded Deepwater Downline Contract from Saipem for the Husky Oil China Ltd. Liwan Project
HOUSTON, Feb. 6, 2012 /PRNewswire/ -- DeepFlex has been awarded a contract from Saipem Portugal, a subsidiary of Saipem S.p.A., for the supply of a deepwater downline to be used for pre-commissioning of the Husky Oil China Ltd. Liwan 3-1-1 gas pipelines located in the South China Sea in 1400 meters of water.
The 4-inch ID, 5,000 psi DeepFlex downline is designed for use offshore in up to 1700 meters of water to transport water for hydrotesting and then air and nitrogen for dewatering from a construction support vessel to the 22 inch ID x 79 kilometer long gas export lines connecting the subsea wells to a fixed platform. The extremely light weight feature of the downline creates value for these commissioning activities by increasing the length of downline per unit weight which reduces construction support vessel deck space, payload and top tension requirements as well as allowing efficient subsea manipulation by an ROV. DeepFlex downlines are designed, constructed and tested to industry standards for unbonded flexible pipe including API Specification 17J and RP 17B as well as DNV standard OS-C501 governing the use of composite materials in offshore applications. The downlines are highly fatigue resistant, ensuring product reliability through numerous deployments and retrievals.
Michael C. Kearney, DeepFlex President and CEO, said, "Saipem has utilized a DeepFlex downline for several pipeline commissioning projects. The first downline provided by DeepFlex faced extreme and unanticipated sea conditions, performing flawlessly while withstanding these harsh conditions. We are extremely pleased Saipem returned to DeepFlex for this second downline and we believe our track record was one of the key factors in being awarded this order."
About DeepFlex Inc.
Headquartered in Houston, with marketing offices in the United States and Brazil, DeepFlex designs and manufactures premium composite flexible pipe for use in the subsea oil and gas production environment. As the world's only manufacturer of unbonded non-metallic flexible pipe for deepwater applications, the patented DeepFlex products are lighter, less costly to install, fatigue resistant and do not suffer the corrosive effects of harsh environment service. DeepFlex was established in 2004 and is growing rapidly to meet the needs of oil and gas companies working in the world's major offshore producing regions. Additional information on the Company can be found at www.deepflex.com.
Saipem is organized into two Business units: Engineering & Construction and Drilling, with a strong bias towards oil and gas related activities in remote areas and deepwater. Saipem is a leader in the provision of engineering, procurement, project management and construction services with distinctive capabilities in the design and execution of large-scale offshore and onshore projects, and technological competences such as gas monetization and heavy oil exploitation. Further information can be found at www.saipem.com.
Contact: Brittlyn Pohl
Phone: +1(713) 334-1500