Press Releases - Contracts


Paris, October 7, 2004

Technip awarded contract for the Chinguetti development offshore Mauritania

Technip has been awarded by Subsea 7 a contract worth approximately 40 million Euros, for the supply of all risers and some of the flowlines for the Chinguetti field, the first oil development offshore Mauritania.

The Chinguetti field, located in Block 4, in up to 800m water depth, is operated by Woodside Mauritania Pty Ltd. which holds a 53.85% interest. Its partners are Hardman Petroleum (21.6%), BG Group (11.63%), Premier Oil (9.23%) and Roc Oil (3.69%).

Technip’s contract includes the engineering, procurement and supply of ~ 34 km of flexible lines (6”, 8” and 10”) from a total of ~ 47 km.

The flexible flowlines and risers will be manufactured by Flexi France, the Technip Group’s manufacturing plant located in Le Trait (Normandy), France.

 

With a workforce of about 19,000 persons, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York and Paris. The Group’s main engineering and business centers are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the United States, Brazil, Abu-Dhabi, China, India, Malaysia and Australia. The Group has high-quality industrial and construction facilities in France, Brazil, the UK, the USA, Finland and Angola as well as a world-class fleet of offshore construction vessels.

 

Technip Public Relations

Laurence Bricq: Ph. +33 (0) 1 47 78 26 37 Fax: +33 (0) 1 47 78 24 33 lbricq@technip.com

Marina Toncelli: Ph. +33 (0) 1 47 78 66 69 Fax: +33 (0) 1 47 78 24 33 mtoncelli@technip.com

 

Technip Investor and Analyst Relations

Christopher Welton: Ph. +33 (0) 1 47 78 66 74 Fax: +33 (0) 1 47 78 67 58 cwelton@technip.com

David-Alexandre Guez: Ph. +33 (0) 1 47 78 27 85 Fax: +33 (0) 1 47 78 67 58 daguez@technip.com

 

Technip trades under the symbol TKP on the NYSE and under the ISIN FR0000131708 on the Euronext