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Technip Awarded Contract by GDF SUEZ E&P UK for the Juliet Project

  Technip Awarded Contract by GDF SUEZ E&P UK for the Juliet Project

Business Wire

PARIS -- January 8, 2013

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) was awarded by GDF SUEZ E&P UK Limited
an engineering, procurement, installation and construction contract for the
Juliet project, located 40 kilometers East of the Humberside estuary, at a
water depth of approximately 20 to 60 meters.

This contract, which is a tie-back to the Pickerill A platform, will cover the
installation of a:

  *12” 22-kilometer rigid flowline^(1),
  *22 kilometer static controls umbilical^(2),
  *12” riser^(3),
  *16” J-Tube assembly,
  *100-ton manifold^(4).

Technip’s operating centers in Aberdeen, Scotland and in Oslo, Norway will
work in conjunction to deliver this project. The offshore campaign is
scheduled to be completed by the end of 2013 and will use vessels from the
Technip fleet, including the Apache II and Normand Pioneer.

Knut Boe, Senior Vice President, Technip’s North Sea Canada Region, declared:
“We are delighted to be working with GDF SUEZ to deliver the Juliet
development. This project is a great example of the ongoing level of
investment in the UK Continental Shelf and the subsea opportunities that are
arising as result. Furthermore, this project will see our Aberdeen and
Oslo-based teams work very closely. It demonstrates Technip's strength as an
international company sharing expertise and resources across national
boundaries and it also confirms our position as a leading contractor in the
North Sea area.”

                                     ____

^(1) [ ]Flowline: a pipe, laid on the seabed, which allows the transportation
of oil/gas production or injection of fluids. Its length can vary from a few
hundred meters to several kilometers.

^(2) Umbilical: an assembly of steel tubes and/or thermoplastic hoses which
can also include electrical cables or optic fibres used to control subsea
structures from a platform or a vessel.

^(3) Riser: a pipe or assembly of pipes used to transfer produced fluids from
the seabed to the surface facilities or to transfer injection fluids, control
fluids or lift gas from the surface facilities and the seabed.

^(4) Manifold: a piece of pipe with several lateral outlets and/or inlets for
connecting one pipe with others.

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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
or
Floriane Lassalle-Massip, +33 (0) 1 47 78 32 79
press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart, +33 (0) 1 47 7866 74
kstewart@technip.com
or
Apollinaire Vandier, +33 (0) 1 47 7860 74
avandier@technip.com
or
Website
http://www.technip.com
 
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