Press Releases - Contracts


Paris, March 6, 2007

Technip awarded contract by Petrobras for the four-year charter of its Sunrise 2000 vessel

Technip has been awarded by Petrobras a contract worth approximately $200 million for the four-year charter of its flexible pipe laying vessel Sunrise 2000, operating offshore Brazil. This contract could be renewed for four years.

The Sunrise 2000 is a dynamically positioned vessel specially designed to install flexible flowlines(1) and umbilicals(2) in water depths down to 2,000 meters. The vessel is able to simultaneously lay three lines, either flowlines or umbilicals, and for that purpose has built-in carousels providing the vessel with a cargo capacity of 3,775 tons of products and is equipped with Technip’s patented vertical lay system (VLS). This technology allows the installation of flexible pipes up to a maximum dynamic load of 270 tons.

The Sunrise 2000, which has been under long term contract with Petrobras since 1995, successfully installed subsea pipes for the development of the Roncador, Albacora Leste, Marlim and Marlim Sul fields, among other projects.

(1) Flowline: a pipe, laid on the seabed, which allows the transportation of oil/gas production or injection of fluids. Its length can vary from a few hundred meters to several kilometers.
(2) Umbilical: an assembly of hydraulic hoses which can also include electrical cables or optic fibres used to control subsea structures from a platform or a vessel.

 

With a workforce of 22,000 people, 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 operations and engineering centers and business units are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the USA, Brazil, Abu-Dhabi, China, India, Malaysia and Australia.
In support of its activities, the Group manufactures flexible pipes and umbilicals, and builds offshore platforms in its manufacturing plants and fabrication yards in France, Brazil, the UK, the USA, Finland and Angola, and has a fleet of specialized vessels for pipeline installation and subsea construction.

 

Technip Public Relations

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

 

Technip Investor and Analyst Relations

Xavier d’Ouince: Ph. +33 (0) 1 47 78 25 75 Fax : +33 (0) 1 47 78 67 58 xdouince@technip.com

 

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