Press Releases - Corporate News


Yokohama,Paris, April 6, 2009

Chiyoda and Technip join Qatargas 2 in announcing the inauguration of the world's largest LNG trains

Chiyoda and Technip, in joint venture, join Qatargas 2 in celebrating the inauguration of Qatargas 2 Project, in Ras Laffan, Qatar. Trains 4 and 5 are the world’s largest LNG (liquefied natural gas) trains*, with a unit capacity of 7.8 million-tons per year.

Chiyoda and Technip were involved in all aspects of the engineering, procurement and construction of Trains 4 and 5 from front-end engineering to start-up. These are the first two of six LNG trains to be inaugurated within the framework of the three projects (“Qatargas 2”, “Qatargas 3 & 4” and “RasGas 3”) ongoing at the Ras Laffan Industrial City. 240 million man-hours have been expended to-date in the construction and commissioning of Trains 4 and 5, with outstanding safety performance achieved.

* LNG Train: unit that transforms natural gas into liquefied natural gas by cooling its temperature to -162°C.

 

Chiyoda

Chiyoda Corporation, headquartered in Yokohama, Japan, provides services in the field of engineering, procurement and construction for gas processing, refineries and other hydrocarbon or other industrial plant projects, particularly for Gas Value Chain Projects, on a global basis including the Middle East, Russia and South East Asian, Africa and Oceania regions. For 60 over years, Chiyoda has constantly leveraged its extensive experience and far-reaching global network to give it an unrivaled advantage.

Technip

Technip is a world leader in the fields of project management, engineering and construction for the oil & gas industry, offering a comprehensive portfolio of innovative solutions and technologies.

With 23,000 employees around the world, integrated capabilities and proven expertise in underwater infrastructures (Subsea), offshore facilities (Offshore) and large processing units and plants on land (Onshore), Technip is a key contributor to the development of sustainable solutions for the energy challenges of the 21st century.

Present in 46 countries, Technip has operating centers and industrial assets (manufacturing plants, spoolbases, construction yard) on five continents, and operates its own fleet of specialized vessels for pipeline installation and subsea construction.

The Technip share is listed on Euronext Paris exchange and over the counter (OTC) in the USA.

 

Chiyoda Investor Relations and Corporate Communications Office

Ken Ito / Kenichi Aoki: Tel 81-45-506-7538 Fax: 81-45-506-7085 CHYOD@ykh.chiyoda.co.jp

Group website: http://www.chiyoda-corp.com

 

Technip Public Relations

Floriane Lassalle-Massip: Tel. + 33 (0)1 47 78 32 79 press@technip.com

Group website: www.technip.com

 

Technip Investor and Analyst Relations

Kimberly Stewart: Tel. + 33 (0)1 47 78 66 74 kstewart@technip.com

Antoine d’Anjou: Tel. + 33 (0)1 47 78 30 18 adanjou@technip.com

 

The Technip share is listed on Euronext Paris exchange and over the counter (OTC) in the USA. ISIN FR0000131708