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Press Release

Technip awarded a three-year contract by Total E&P Angola for engineering services

March 10, 2016

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Technip Angola Engenharia Limitada, a joint 听venture between Technip and Sonangol, was awarded by Total E&P Angola a 听three-year engineering services contract. This contract covers services for the 听existing Girassol, Pazflor, Dalia and CLOV floating production storage and 听offloading (FPSO) units and associated subsea field development. These FPSOs 听are located in Block 17, offshore Angola.

The scope of work can comprise 听engineering, technical assistance, management, supervision and coordination, as 听well as procurement-related activities.

Technip Angola Engenharia Limitada will 听carry out the contract, which is scheduled for completion at the end of 2018.

Hallvard Hasselknippe, President Subsea of 听Technip, commented: 鈥�We have been 听entrusted by Total E&P Angola to deliver quality engineering services. It 听is the result of our sustainable presence in Angola with skilled engineering 听resources and comprehensive knowledge of our client鈥檚 technical referential and 听working methods. This contract reinforces our activity in Africa, an area with 听good dynamics. It also fits into our strategy to engage with our clients at 听early stages of their projects and build on long-lasting successful 听relationships.鈥�

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Fast facts

About Technip in 听Angola
As a local partner focused 听on onshore, offshore and subsea engineering solutions, Technip鈥檚 activities in Angola include:

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  • engineering services through Technip 听Angola Engenharia Limitada, the first engineering company in Angola, a joint 听venture between Sonangol (40%) and Technip (60%),
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  • umbilical manufacturing with Angoflex 听Limitada, created in 2002, through an association between Sonangol (30%) and 听Technip (70%),
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  • a reeled steel pipe spoolbase with 听Angoflex Limitada, inaugurated in 2006 and located in Barra do Dande, North of 听Luanda.
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Technip is a world leader 听in project management, engineering and construction for the energy industry.
From the deepest Subsea oil 听& gas developments to the largest and most complex Offshore and Onshore 听infrastructures, our close to 34,400 people are constantly offering the best 听solutions and most innovative technologies to meet the world鈥檚 energy 听challenges.
Present in 45 countries, Technip has state-of-the-art industrial assets on all continents and operates a 听fleet of specialized vessels for pipeline installation and subsea construction.
Technip shares are listed 听on the Euronext Paris exchange, and its ADR is traded in the US on the OTCQX 听marketplace as an American Depositary Receipt (OTCQX: TKPPY).

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Public Relations

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Laure Montcel Tel. +33 (0) 1 49 01 87 81 听
Delphine Nayral Tel. +33 (0) 1 47 78 34 83 E-mail: press@technip.com
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Investor and Analyst Relations

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Kimberly Stewart Tel.听+33 (0) 1 47 78 66 74听 E-mail : kstewart@technip.com
Aur茅lia Baudey-Vignaud Tel.听+33 (0) 1 85 67 43 81听 E-mail: abaudeyvignaud@technip.com
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More information

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