ADMA-OPCO Selects Technip for Project Management Consultancy Services for the Zakum Field Offshore Abu Dhabi

  ADMA-OPCO Selects Technip for Project Management Consultancy Services for
  the Zakum Field Offshore Abu Dhabi

Business Wire

PARIS -- February 13, 2014

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by Abu Dhabi
Marine Operating Company (ADMA-OPCO) a contract for project management
consultancy (PMC) services for the engineering, procurement and construction
(EPC) phases of the Zakum Oil Lines Replacement Project-Phase 1 (ZKOL).

The ZKOL project serves ADMA-OPCO’s objective of replacing aged oil pipelines
in the Zakum field, aiming to enhance integrity assessment and sustain oil
production. Accordingly, the first phase consists of about 90 kilometers of
oil pipelines replacement and associated wellhead towers modification work.

With Technip’s scope of work covering the overall management consultancy of
the EPC phases, the Group’s operating center in Abu Dhabi, United Arab
Emirates, will carry out the project, which is scheduled to be completed in
2016.

This new award continues to reinforce Technip’s positioning on PMC activities.
Leveraging its long-lasting experience in executing challenging projects, the
Group has developed a comprehensive competency and created an entity dedicated
to PMC, providing experienced personnel.

Riccardo Moizo, Senior Vice President of Technip PMC, stated: “We are
delighted to have been awarded this project, as it further strengthens our
collaboration with ADMA-OPCO as well as our presence in the Middle East, where
Technip is providing PMC services for key projects.”

Vaseem Khan, Senior Vice President of Technip in the Middle East, commented:
“This award follows the successful conceptual and front-end engineering design
delivered by Technip in 2012 for the Zakum field. It reflects ADMA-OPCO’s
trust in our capabilities in delivering key projects for them.”

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 38,500 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 traded in
the USA on the OTCQX marketplace (OTCQX: TKPPY).

Contact:

Technip
Public Relations
Floriane Lassale-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
David Tadbir, Tel. +33 (0)1 40 90 19 04
E-mail: dtadbir@technip.com
or
Website http://www.technip.com
 
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