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Technip awarded an important contract by BASF for a chemical project in Germany



  Technip awarded an important contract by BASF for a chemical project in
  Germany

Business Wire

PARIS -- December 19, 2012

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708), in a consortium with Asahi Kasei
Chemicals Corporation Japan, was awarded by BASF S.E. a lump sum turnkey
engineering, procurement and construction (EPC) contract, for the expansion
project of a chlorine plant (chlor-alkali). The plant is situated in
Ludwigshafen, Germany, BASF’s largest production site worldwide.

The work will include a membrane chlorine plant expansion as well as the
integration and implementation of existing equipment and facilities.

Technip will be responsible for the complete EPC execution of the project
using Asahi Kasei Chemicals Corporation’s technology and proprietary
equipment. The project is scheduled to start up in the second semester of
2014.

Technip’s operating center in Düsseldorf, Germany will execute the project.
This contract reinforces our relationship with BASF and provides it with
access to Technip’s extensive expertise in the chemical sector. This award
follows the successful execution of the conversion project in 2002 as well as
the pre front-end engineering design (FEED) and the FEED phases of the
Ludwigshafen project, which were also carried out by Technip.

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                                     ° °

Technip is a world leader in project management, engineering and construction
for the energy industry.

From the deepest Subsea oil & gas developments to the largest and most complex
Offshore and Onshore infrastructures, our 32,000 people are constantly
offering the best solutions and most innovative technologies to meet the
world’s energy challenges.

Present in 48 countries, Technip has state-of-the-art industrial assets on all
continents and operates a fleet of specialized vessels for pipeline
installation and subsea construction.

Technip shares are listed on the NYSE Euronext Paris exchange and the USA
over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY).

Contact:

Technip
Public Relations
Christophe Bélorgeot, +33 (0) 1 47 78 39 92
Floriane Lassalle-Massip, +33 (0) 1 47 78 32 79
press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart, +33 (0) 1 47 78 66 74
kstewart@technip.com
or
Apollinaire Vandier, +33 (0) 1 47 78 60 74
avandier@technip.com
http://www.technip.com
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