Technip invests in equipment plant

Technip invest in equipment plant

Technip said it plans 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.

The high technology products manufactured in Flexi France are exported in their entirety internationally. The company relies on a more than 1,800-strong network of suppliers, of which more than 1200 come from France.

Press Release; Image: Technip

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