Press Releases - Contracts


Paris-La Défense, July 11, 2003

Technip -Coflexip awarded contract for the East area project in Nigeria

Technip-Coflexip has been awarded, by NNPC/Mobil joint venture, a contract for the East Area – Additional Oil Recovery Project. This contract covers engineering, procurement, fabrication, installation, hook-up, commissioning, and start-up assistance for a gas compression platform and associated facilities to be installed in the East Area field offshore Nigeria.

The facilities under Technip-Coflexip’s scope of work include a 18,000-ton gas compression platform, supported by 7,200-ton jacket and piles, which is designed to process low pressure gas and provide high pressure gas compression for re-injection to improve the oil recovery of the East Area field. They also comprise a living quarters platform to accommodate 90 people and house the central control room as well as a flare platform and bridges. The project will be a record for installation through float-over in West Africa using Technip-Coflexip’s proprietary Unideck system.

The project will be carried out by Technip-Coflexip’s engineering center based in Kuala Lumpur, Malaysia. Subcontractors selected to execute various parts of this project include local Nigerian companies, which will perform detail design and fabrication of bridges and flare structure, fabrication of living quarters jacket and piles, as well as marine activities.

The facilities are scheduled to be ready in 2006.

This major contract award is a new success for Technip-Coflexip, which again underlines the company’s capabilities in design and management of very large integrated offshore projects.

 

With a workforce of about 19,000 persons, Technip-Coflexip 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 (NYSE: TKP) and in Paris (Euronext: FR0000131708). The main engineering and business centers of Technip-Coflexip 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, and Finland as well as a world-class fleet of offshore construction vessels.

 

TECHNIP-COFLEXIP Press Relations

Sylvie Hallemans: Tel. +33 (0) 1 47 78 34 85 Fax: +33 (0) 1 47 78 24 33 shallemans@technip-coflexip.com

 

TECHNIP-COFLEXIP Investor and Analyst Relations

Christopher Welton: Tel. +33 (0) 1 47 78 66 74 Fax: +33 (0) 1 47 78 67 58 cwelton@technip-coflexip.com

David-Alexandre Guez: Tel. +33 (0) 1 47 78 27 85 Fax: +33 (0) 1 47 78 67 58 daguez@technip-coflexip.com