Technics Oil and Gas, the provider of compression systems and process modules for the offshore oil and gas sector, says it has secured another repeat EPCC contract from JV Vietsovpetro (VSP) to provide topside equipment for wellhead satellite platform named BK-9, worth about $16 million.
The platform BK-9 from the latest contract is expected to produce up to a total of 12,560 barrels of crude oil per day. Project planning will start in December with current schedules targeted for completion in November 2010.
For this EPCC contract, Technics will undertake the engineering, project management, procurement, fabrication, supervision of installation and hook up, onshore and offshore commissioning of topside modules for platform BK-9.
Technics will also be supplying the full package of equipment and systems, such as oil and gas processing equipment, power generation, electrical/control, accommodation modules, as well as other auxiliary equipments and systems.
Including this latest contract, Technics had been awarded a total of 11 wellhead satellite platforms orders by Vietsovpetro. To date, eight projects had been delivered over the years.
Earlier on Sept 1, Technics secured a $40 million EPCC contract for two more wellhead satellite platforms, BK-14 and BK-15, which are expected to be delivered by May 2010.

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