Hydratight Secures New Contract with Statoil
8/10/2016
Subsea connector specialist Hydratight has secured a four-year contract with Statoil Petroleum AS to supply products, services and management for remote pipeline repairs worldwide.
Hydratight’s MORGRIP® contingency connectors will be the primary mechanical repair method within Statoil’s Pipeline Repair and Subsea Intervention (PRSI) pool. The contract period is initially for four years and has the option to be extended by a further three plus three years.
Under the terms, Hydratight will provide mechanical connector products, services and contract management globally for Statoil and PRSI Pool members. It will include provision of the MORGRIP® inventory, new remote/diverless pipeline repair solutions and engineering support.
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Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
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