Technip Awarded Subsea Contract for the Laila and D12 Fields in Malaysia

  Technip Awarded Subsea Contract for the Laila and D12 Fields in Malaysia

Business Wire

PARIS -- February 18, 2013

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) was awarded by Sarawak Shell Berhad an
engineering, procurement, construction, installation and commissioning
contract for two new gas-export lines at the Laila and D12 fields,
respectively located 50 kilometers Northwest of Miri, at a water depth of 75
meters, and 140 kilometers offshore Bintulu, Malaysia, at a water depth of 50
meters.

The contract covers the:

  *design, fabrication and installation of a five-kilometer flexible pipe and
    a ten-kilometer flexible pipe respectively of 7” and 12.8” diameters,
  *diver installation of riser^(1) clamps at both jacket platforms,
  *pre-commissioning of the flowlines^(2),
  *project management.

Technip’s operating center in Kuala Lumpur, Malaysia, is executing the
contract, which is scheduled to be completed in the first semester of 2014.
The flexible flowlines will be manufactured at Technip’s Asiaflex Products
plant, in Tanjung Langsat, Malaysia. Technip’s new-built multipurpose
installation and construction vessel, the Deep Orient, will be used for the
installation.

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^(1) 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.
^(2) Flowline: a flexible or rigid 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.

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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:

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