Technip Awarded Contract for a Refinery in Mexico

  Technip Awarded Contract for a Refinery in Mexico

Business Wire

PARIS -- February 13, 2013

Regulatory News:

Technip (Paris:TEC), in a consortium with Construcciones Industriales Tapia,
was awarded by Petróleos Mexicanos (PEMEX) through its subsidiary PEMEX
Refinación, a contract for the revamp of one of the conversion unit of the
Ing. Héctor R. Lara Sosa refinery, located in Cadereyta, Mexico. Technip’s
share of the contract is worth approximately USD 40 million.

The scope of work includes the detailed engineering, procurement,
construction, training, commissioning and start up for the recondition of the
combustion gases system of the No. 1 catalytic plant (FCC) of the refinery.

Technip’s operating center in Mexico City, Mexico, will execute the project
with the support of Construcciones Industriales Tapia for construction work.
The project is scheduled to be completed in the second semester of 2014.

Emiliano Pescador, Technip’s Country Manager in Mexico, stated: “This is our
first EPC contract awarded by PEMEX Refinación. We managed to capture it
thanks to the acquisition of Stone & Webster process technologies and
associated oil and gas engineering capabilities and its extensive experience
and state-of-the-art technology portfolio. This contract will also be the
first project to be managed from our recently opened Mexico City office.”

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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).

Contact:

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 7866 74
kstewart@technip.com
or
Chuan Wang, +33 (0) 1 47 7836 27
chuwang@technip.com
or
Website
http://www.technip.com
 
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