Press Releases - Contracts


Paris, January 5, 2006

Technip awarded project management contract by La Poste for new strong facilities

Technip has been awarded by La Poste a lump sum services contract worth approximately € 3.5 million. This contract involves the project management of the technical integration for the first two automated sorting facilities to be located in the Val de Loire and Lorraine regions (France), and also includes an option for the next five automated sorting facilities. This contract award follows the basic studies conducted by Technip in February 2004, which defined the organization and equipment location for these new facilities.

The contract falls within the framework of La Poste’s “Mail Quality Project,” the largest mail modernization program it has ever launched. Each 20,000 to 30,000 m² facility will automatically process 3 to 5 million letters per day. With an overall investment of nearly € 3.4 billion between now and 2010, the “Mail Quality Project” also represents one of the largest investment programs in France.

Technip’s operations and engineering center in Lyon will undertake the technical integration within the framework of the project, which includes the operations’ planning and organization, the design of the equipment’s utility networks, the supervision of the installation of equipment to the site, the assistance for the commissioning and acceptance phases and the project’s progress and budget reporting for the integration.

The facilities in the Val de Loire and Lorraine regions are slated to begin operations at the end of 2006.

 

With a workforce of more than 20,000 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

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

 

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