News | January 15, 2014

SRP Wins Multi-Million Pound Contract With Total On Moho Nord Project

Subsea Riser Products (SRP), an Acteon company, has won a multi-million pound contract with Total to supply a 3,500-psi drilling riser and deployment tooling for the Moho Nord project in The Republic of the Congo. This is the first time that Total, an oil and gas super-major, has awarded SRP a direct contract.

The scope of the contract includes 43 joints for drilling from a tension leg platform in a water depth of 780 m,located 75 km off the coast of Pointe Noire. Manufacturing and assembly work will take place in the UK and mainland Europe, and the equipment will be delivered by March 2015. The project will call on skills from a range of departments within SRP, including design, engineering, quality and procurement.

Johnny Shield, managing director, SRP, said, “This is a major project award that confirms our ability to engineer and provide complex turnkey riser projectsdirectly to major oil and gas companies. This contract provides a solid base from which SRP will grow and provide its riser engineering and procurement capability offering to other companies. A key aspect of the contract win was our ability to deliver to the highest quality level against an aggressive schedule at a competitive price.”

Subsea Riser Products (SRP), an Acteon company, supplies subsea hardware for the oil and gas industry, specialising in fatigue loaded applications, including risers and moorings, high strength steel components and welding. SRP’s expertise extends to general subsea engineering, equipment integration, quality control and procurement – all skills developed from the design and delivery of an extensive range of products for subsea high pressure riser supply.For more information, please visit www.subseariserproducts.com.

About Acteon
Acteon companies provide mooring, foundation, riser, conductor, flowline and marine electronics products and services supported by strong engineering and project management capabilities. Acteon’s companies are 2H Offshore, Aquatic, CAPE Group, Claxton, Conductor Installation Services (CIS), Core Grouting Services, Fluke Engenharia, InterAct, InterMoor, J2 Engineering Services, Large Diameter Drilling (LDD), LM Handling, MENCK, Mirage Machines, NCS Survey, Offshore Installation Services (OIS), Probe, Pulse Structural Monitoring, Seatronics, Subsea Riser Products (SRP) and TEAM Energy Resources. For more information, visit www.acteon.com

About subsea services
Subsea services are defined as the provision of specialist equipment, services and personnel that can operate from any fit-for-purpose vessel or platform. Acteon’s subsea services offering is unique and addresses operational requirements that support oil and gas asset owners.

SOURCE: Subsea Riser Products (SRP)

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