Technip Buys into Vallourec’s Pipeline Welding Division

Technip has acquired a minority stake in Serimax, a Vallourec subsidiary and provider of offshore & onshore welding solutions, in order to achieve a strategic partnership in the domain of pipeline welding.

The agreement would see these two companies combine their expertise and deploy the Serimax welding technology at Technip spoolbases and S-lay vessels.

“Combining our domains of expertise, we believe that Serimax’s deployment on our spoolbases and S-lay vessels will enable us to offer to our clients a harmonized solution with greater operational repeatability. This partnership is part of Technip’s strategic focus on technology, a key differentiator to contribute to costs optimization on projects,” says Hallvard Hasselknippe, President Subsea, Technip.

The value of the deal was not disclosed, however, Technip said that Serimax will remain an independent service and technology provider in the offshore, onshore pipeline and fabrication markets.

Frederic Castrec, managing director for Serimax, said: “We are delighted Technip has the confidence in and has selected Serimax, to further support their future project developments. It is a clear recognition of Serimax’s capability. Together, we can combine our respective areas of expertise to develop an integrated technical and commercial solution.”

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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Europort 2019

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