Press Releases - Contracts

Paris-La Défense, June 18, 2003

Technip-Coflexip wins 23 million euros EPCI flowlines contract from Norsk Hydro on Oseberg South in Norway

Technip-Coflexip (NYSE: TKP and Euronext: 13170), through its Norwegian affiliate Technip Offshore Norge AS, has been awarded from Norsk Hydro the EPCI (engineering, procurement, construction, installation) contract for the Oseberg South – J Structure flowlines and umbilical. The contract, valued at 23 million euros, includes 2 off 8” rigid flowlines (production and water injection) and one umbilical running from the new Oseberg J template to the Oseberg South platform.

Technip-Coflexip Norge AS in Oslo, Norway will perform the project management and engineering for the work. The steel flowlines will be welded at Technip-Coflexip’s spoolbase in Orkanger, Norway.

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: 13170). 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.



Sylvie Hallemans: Tel. +33 (0) 1 47 78 34 85 Fax: +33 (0) 1 47 78 24 33


TECHNIP-COFLEXIP Investor and Analyst Relations

Christopher Welton: Tel. +33 (0) 1 55 91 88 27 Fax: +33 (0) 1 55 91 87 11

David-Alexandre Guez: Tel. +33 (0) 1 47 78 27 85 Fax: +33 (0) 1 55 91 87 11