Press Releases - Contracts


Paris, April 27, 2004

Technip awarded contract for hydrogen plant by Cenex Harvest States

Technip announced today that Technip USA’s Claremont, California office has been awarded a 19.4 MMSCFD hydrogen plant by Cenex Harvest States (CHS) for their Laurel, Montana refinery as part of the Tier-II clean fuels program. Technip’s scope covers design, engineering, procurement and construction for the complete plant.

The hydrogen plant will utilize Technip’s state-of-the-art steam reforming technology and the design will be tailored for a high degree of energy efficiency as well as environmental compliance employing ultra low-NOx combustion. The plant is scheduled for completion in February 2005.

This award is in addition to Technip USA’s current work on the McPherson, Kansas hydrogen plant of NCRA, of which CHS is the majority shareholder.

This new hydrogen project augments the impressive list of more than 180 hydrogen plants supplied and built by Technip (including ex-KTI units), representing over 40% of the global installed hydrogen capacity. It further demonstrates Technip’s consistent market leadership in hydrogen. This is the result of continued commitment to high reliability and energy efficiency in hydrogen plants which are designed to meet the emerging needs of the refining and petrochemical industry.

 

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

G. 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.