Technip Awarded Offshore Brownfield and Subsea Tie-Backs Contract for the Moho Nord Project in Congo Business Wire PARIS -- August 5, 2013 Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by Total E&P Congo an important engineering, procurement, and supply contract for the Moho Nord project, the largest development ever in the Republic of Congo, located 75 kilometers offshore Pointe Noire. The Moho Nord project consists of two developments: Moho Phase 1bis and Moho Nord. This contract is part of the Moho Phase 1bis development. It is a brownfield development consisting of tie-backs to the existing deepwater Alima floating production unit (FPU) and the shallow-water N’Kossa platform. The contract covers the project management, detail engineering, procurement and supply for the modifications of the Alima FPU, with two new subsea tie-backs^(1). Technip’s operating center in Paris, France will manage this contract, which is scheduled to be completed in the first semester of 2015. Technip will also provide assistance to Total for the offshore construction phase to be spread from 2014 to 2016. Jean-Marc Aubry, Senior Vice President of Technip’s Region A^(2), declared: “This contract, the second one awarded to Technip for the Moho Nord development project, illustrates Total E&P’s confidence in our expertise. This fast-track project represents a milestone in consolidating our presence in the high-development potential West Africa offshore market.” ____ ^(1) Technip’s scope includes: *addition of a first stage separator, a valves manifold, an essential diesel generator, an additional control room, topsides umbilical termination units, *replacement of methanol and dead oil pumps, *extension and upgrade of the integrated control and safety system, *integration studies of equipment provided by other contractors. ^(2) Technip Region A is composed of Western Europe, Africa, India and Pakistan. ° ° ° 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 38,000 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 traded in the USA on the OTCQX marketplace (OTCQX: TKPPY). 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: email@example.com or Investor and Analyst Relations Kimberly Stewart, Tel.+33 (0) 1 47 7866 74 E-mail: firstname.lastname@example.org or David Tadbir, Tel. +33 (0)1 40 90 19 04 E-mail: email@example.com or Website http://www.technip.com
Technip Awarded Offshore Brownfield and Subsea Tie-Backs Contract for the Moho Nord Project in Congo
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