Press Releases - Contracts


Paris, November 30, 2004

Technip awarded contract for gas receiving facility in the United Arab Emirates

Technip, in a consortium with Al Jaber Energy Services, has been awarded a lump sum turnkey contract worth approximately $62 million (€48 million) by Dolphin Energy Limited for a new terminal to receive and distribute natural gas from Qatar to the UAE.

The facilities will be built adjacent to the existing Taweelah Power Station. They will initially comprise three parallel gas receiving trains & associated equipment, metering facilities, control buildings & warehouse. Additionally, there will be interconnecting pipelines to the Taweelah Power Stations and to the existing Maqta-Jebel Ali Pipeline.

The overall project, including the engineering, procurement and construction of the Taweelah gas receiving facility located in the United Arab Emirates (UAE), will be carried out by Technip’s engineering centre in Abu Dhabi, with the construction being handled by Al Jaber Energy Services.

This is Technip’s first EPC contract with Dolphin Energy Limited. It is scheduled for completion during 2006.

 

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