Press Releases - Contracts


Paris, July 31, 2009

Technip awarded contract by EDF for a gas storage project in Germany

Technip has been awarded by EDF (Electricité de France S.A.), in coordination with EnBW Energie Baden-Württemberg AG, an engineering, procurement and construction management contract for the “Crystal” Gas Plant project located in Etzel, Germany.

The “Crystal” project covers gas compression and treatment facilities for the storage of gas in underground salt caverns. Gas will be injected into the caverns at times of low gas prices and withdrawn to feed into the Dutch and the German gas grids, notably during periods of peak demand.

Following a recent award from OMV in Austria, this award marks another milestone in the field of underground gas storage for Technip’s operating center in Düsseldorf, Germany.

 

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.

 

Technip Public Relations

Christophe Bélorgeot: Tel. +33 (0) 1 47 78 39 92

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