Flexible pipe specialist FlexTech informs it has established its first foothold in the Southeast Asian energy market by securing a contract with an oil and gas major in Vietnam.
The project, due for completion in Q1 2016, comes on the back of FlexTech securing £250,000 in Q1 of 2015. It involves FlexTech engineers managing the system design, manufacturing, inspection and delivery of flexibles on a major floating production, storage and offloading (FPSO) facility in the South China Sea.
FlexTech Engineering Director, Craig Keyworth, said, “This is a significant contract for us, highlighting our capabilities and reputation within the global flexible sector. Breaking into the Southeast Asian market marks another milestone in our international growth strategy, and showcases the potential for our products and services in the region.”
The project involves the design of a replacement flexible pipe system to allow change out of major vessel infrastructure. It also covers infrastructure modifications to facilitate the replacement flexibles and, once sourced, FlexTech will manage the manufacturing and delivery of the flexible pipes.
Keyworth continued, “We consistently aim to go above and beyond our clients’ expectations and this contract is another boost in our efforts to achieve international acclaim. This, together with previous global contracts, highlights that FlexTech is well placed to provide engineering services and support for flexible projects worldwide.”
Since its inception in 2013, FlexTech has completed work in the U.K., Middle East, Far East and Norway, offering a complete life of product service, from project inception to decommission and disposal. Its core business is the successful delivery of flexible pipe and riser engineering projects, offloading systems and integrity management and inspection. It also has a range of innovative products designed to facilitate ease of installation, ensure operational integrity and prolong the life of the flexible in field.
With premises in Aberdeen and Grimsby, FlexTech currently has a team of 11 subsea and marine specialists.