Press Releases - Contracts


Paris, February 3, 2005

Technip awarded pipeline contract for Caledonia's Johnston development in UK North Sea

Technip has been awarded an engineering, procurement, installation and commissioning (EPCI) contract by Caledonia E.U Limited for the development of the Johnston field in the Southern part of the North Sea. The contract, valued at around £7 million (€10 million) requires the J4 production well to be tied back to the existing Johnston sub sea manifold, which is located 400km South East of Aberdeen. This is Caledonia’s first field development project since their formation in 2003.

Technip’s engineering center based in Aberdeen, UK, will undertake the project management, design and installation of a 6.7km flexible flowline and 6.7km control umbilical, as well as complete all associated tie-ins and testing and pre-commissioning works.

The flexible flowline will be fabricated at Technip’s Le Trait manufacturing facility in France and the umbilical will be designed and manufactured by Technip’s UK subsidiary, Duco, based in Newcastle.

Offshore operations are scheduled to commence in May 2005. The Normand Pioneer will install the flexible flowline, umbilical and will perform all required pipeline trenching operations, using the Multi-Pass Plough (1). The diving support vessel, (DSV), Marianos will complete all other associated works.

(1) The Multi-Pass Plough is a technology developed by Technip using a sub sea robot that simultaneously trenches and lays sub sea pipelines.

 

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

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