Press Releases - Contracts


Paris, January 20, 2010

Technip awarded a subsea contract in West Africa

Technip has been awarded a lump sum contract by Noble Energy EG Ltd. for the development of the Aseng field, located in Block "I" offshore Equatorial Guinea, at a water depth of approximately 1,000 meters.

Technip’s scope includes engineering, supply, installation and pre-commissioning of the 30 kilometers flexible pipe system, including six flexible risers(1), and flexible flowlines(2) and jumpers(3). The contract also comprises the installation of the subsea production system, including manifolds, flying leads and umbilicals(4). These umbilicals will be fabricated by Duco, Technip’s wholly-owned subsidiary in Houston, Texas, under a separate contract.

Technip’s operating center in Paris, France, will execute this contract. All flexible pipes will be fabricated at the Group’s plant in Le Trait, France.

Offshore installation is scheduled to be carried out mid-2011 using the Deep Pioneer, one of Technip’s deepwater construction vessels.

(1) Riser: a pipe or assembly of pipes used to transfer produced fluids from the seabed to surface facilities.

(2) Flowline: flexible or rigid pipe laid on the seabed for the transport of production or injection fluids.

(3) Jumper: a short section of pipe for the connection of two subsea structures.

(4) Umbilical: an assembly of steel tubes and/or thermoplastic hoses. Umbilicals can include electrical cables or optic fibers to support communications, power supply and telemetry functions.

 

With a workforce of 23,000 people, Technip is a worldwide leader in the field of oil, gas and petrochemical engineering, construction and services. The Group is headquartered in Paris. The Group’s main operating 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

Christophe Bélorgeot: Tel. +33 (0)1 47 78 39 92

Floriane Lassalle-Massip: Tel. + 33 (0)1 47 78 32 79 press@technip.com

www.technip.com

 

Technip Investor and Analyst Relations

Kimberly Stewart: Tel. + 33 (0)1 47 78 66 74 kstewart@technip.com

Antoine d’Anjou: Tel. + 33 (0)1 47 78 30 18 adanjou@technip.com

 

The Technip share is listed on Euronext Paris exchange and over the counter (OTC) in the USA. ISIN FR0000131708