Technip Awarded Contract for a Sulfur Recovery Unit Modification in Bahrain

  Technip Awarded Contract for a Sulfur Recovery Unit Modification in Bahrain

Business Wire

PARIS -- April 15, 2013

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by the Bahrain
Petroleum Company B.S.C. (Closed) – BAPCO, a lump-sum contract for the
engineering, procurement, construction, pre-commissioning as well as
commissioning and start-up assistance for the modification project of the #3
sulfur recovery unit (SRU) of the Bahrain refinery. The project will ensure
that the #3 SRU is capable of safely burning sour water stripper^(1) off gas
and becomes a viable spare for the new #4 SRU.

Technip’s operating center in Abu Dhabi, United Arab Emirates, will carry out
the project which is scheduled for completion in the second half of 2014.

Vaseem Khan, Senior Vice President of Technip in the Middle East, stated: "We
are pleased to have been awarded this project as it will strengthen our
relationship with BAPCO, while ensuring continuity of our provision of quality
services to this long-term client. Technip in the Middle East has a vast
experience in managing complex brownfield EPC^(2) projects and is therefore
best suited to execute this contract, with an aggressive fast-track schedule
regarding ready for start-up and commissioning phases."


^(1) Sour water stripper: removal of H[2]S and ammonia from sour water in
order to reuse or dispose of it.

^(2) Engineering, procurement, construction.


                                     ° °

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