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Press Release

Technip awarded a Subsea contract in West Africa

January 20, 2010

Paris, January 20, 2010


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鈥檚 scope includes engineering, supply, installation and pre-commissioning of the 30 kilometers flexible pipe system, including six flexible risers(1), and flexible flowlines(2) 听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鈥檚 wholly-owned subsidiary in Houston, Texas, under a separate contract.

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

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

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鈥檚 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.

The Technip share is listed in Paris on Euronext Paris.

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