CUSTOMER / SECTOR NEWS
Tubacex supplies material for TOTAL'S major African projects
Tubacex supplies tubes for Egina project in Nigeria, Kaombo project in Angola and Moho project in the Republic of Congo, which are three of the main projects currently undertook by Total in Africa. These are West African projects in deep and ultra-deep water – an area where Total is a specialist and which requires costly technologies. Total’s major oil and gas projects in Africa will not be stopped by the sudden fall in crude oil prices, according to the company.
Material for subsea application increasing its weight in Tubacex portfolio
Tubacex Group, after the investments developed within the last years, is increasing its manufacturing capabilities regarding tubes for SURF applications, one of the fastest growing segments of the oil&gas industry, with relevant corporate operations on going.
FMC Technologies Inc. and Technip have signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two «subsea industry leaders» with focus in the reduction of cost of subsea field development and in the application of technology to maximize well performance. This alliance is added to the trend that began after Onesubsea (Cameron & Schlumberger), the acquisition of Baker Hughes by Halliburton or the Petrofac and McDermott Strategic Alliance for SURF.