The Deep Orient, a New State-of-the-Art Technip Vessel

  The Deep Orient, a New State-of-the-Art Technip Vessel

Business Wire

PARIS -- February 11, 2013

Regulatory News :

Technip (Paris:TEC) (ISIN:FR0000131708) officially named its latest new vessel
today in Vigo, Spain. The Deep Orient, a newbuild medium construction vessel,
will be dedicated to subsea construction and flexible pipelay projects.

During the ceremony held at the Metalships & Docks (MSD) shipyard in Vigo, the
ship was named by the vessel’s godmother, Véronique Delormel, wife of Frédéric
Delormel, Executive Vice President and Chief Operating Officer Subsea at
Technip.

Thanks to a successful cooperation between Technip's Marine New Builds team in
Aberdeen, UK and the MSD team, vessel construction was completed within a
tight time frame. The initial contracts were agreed in December 2010 and
fabrication, as well as assembly, started in mid-2011. After final outfitting
and commissioning, sea trials were successfully completed.

The Deep Orient is equipped with a 250-metric tonne main crane, dynamic
positioning (DP2) station-keeping capability, two work-class remotely operated
vehicles and a large 1,900-m^2 deck area for ample storage of equipment while
working on remotely located projects. Moreover, she can accommodate 120 people
and complies with the latest marine environmental standards.

The Deep Orient will mobilize at Technip’s facility in Le Trait, France before
undertaking her first projects in Norway.

Thierry Pilenko, Technip Chairman and Chief Executive Officer, commented: “The
introduction of the Deep Orient is the latest initiative in offering our
clients a fit-for-purpose fleet to help them with their projects. Today,
Technip has the capabilities to answer the industry’s needs, from deep to
shore. The Deep Orient confirms our integrated services strategy for offshore
field development, subsea construction, fabrication and installation of
submarine pipes across the world.”

Alain Marion, Technip Senior Vice President Subsea Assets and Technologies,
said: “After two years of great work with MSD teams, we are now very excited
to welcome the Deep Orient to our fleet as the quality and performance of this
new deepwater construction vessel will add further capabilities to the wide
range of services we already offer our clients.”

Manuel Rodriguez, President of MSD, declared: “The Deep Orient is once again a
great success for the shipyard, which benefits from many years of experience
in building ships operating all over the world. The close collaboration with
Technip right from the beginning of the project has, without a doubt, been the
key to achieving this magnificent result. One of the crucial aspects all along
the building process of this vessel was the constant control of all the safety
rules.”

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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 36,500 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).

Website http://www.technip.com

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METALSHIPS AND DOCKS is a shipyard located in Vigo, Spain, specialized in
offshore vessels, mainly OCVs, ROVs and pipe-layers of which it has built a
number of units for some of the most important players in the oil & gas
industry, including Technip.
METALSHIPS’ heritage in the offshore market dates back to the year 2000, when
they were first contracted by NORTH SEA SHIPPING of Bergen to deliver a DP-2
OCV for the Mexican market, the ARBOL GRANDE, which has operated continuously
since her arrival in Mexican waters. Since then, METALSHIPS has continued to
produce a portfolio of highly sophisticated offshore vessels.
Currently construction is underway of a pipelay vessel for American owners, a
sister-ship of the NORTH OCEAN 105, delivered in April 2012.

Contact:

Technip
Public Relations
Christophe Bélorgeot
Tel. +33 (0) 1 47 78 39 92
or
Floriane Lassalle-Massip
Tel. +33 (0) 1 47 78 32 79
E-mail: press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart
Tel.+33 (0) 1 47 7866 74
E-mail: kstewart@technip.com
or
Chuan Wang
Tel:+33 (0) 1 47 7836 27
E-mail: chuwang@technip.com
or
METALSHIP AND DOCKS
Ana B Gómez
Binomio Comunicacíon
Tel: +34 986 441 011
www.agenciabinomio.com