Technip, in a Consortium with Wijaya Karya, Secures Onshore Contract for the Matindok Gas Development Project

  Technip, in a Consortium with Wijaya Karya, Secures Onshore Contract for the   Matindok Gas Development Project  Business Wire  PARIS -- July 10, 2014  Regulatory News:  Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY), in a consortium with PT Wijaya Karya (Persero) Tbk (WIKA), was awarded an onshore lumpsum contract by PT Pertamina EP for the Matindok Gas Development project located in Central Sulawesi, Indonesia.  The contract covers the engineering, procurement, construction and installation of gas well pads, flowlines, pipelines; a central processing plant (672 million cubic meters per year of gas) with gas treatment facilities such as acid gas removal as well as sulphur removal, and related infrastructure. Sweet gas from Matindok central processing plant will be sent to the Donggi Senoro liquefied natural gas (LNG) plant.  Technip’s operating centre in Jakarta, Indonesia, will carry out the detailed engineering, procurement of critical process equipment, while WIKA will carry out the construction activities along with the procurement of major items. The project is scheduled for completion in the first half of 2016.  KK Lim, President of Technip in Asia Pacific, stated: “We are delighted to be renewing our ties with our client Pertamina and supporting them in bringing the Matindok field onstream. Technip’s proven track record in delivering EPC contracts will ensure that the project is delivered to the highest standards of safety and quality.”  Fast facts  The Matindok Gas Development project:    *The Matindok field, solely own by Pertamina, has about 1 billion cubic     meters per year of gas and consists of the Donggi, Matindok, Maleoraja and     Minahaki fields.                                        °                                       ° °  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 40,000 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 Laure Montcel, Tel. +33 (0) 1 49 01 87 81 E-mail: press@technip.com or Investor and Analyst Relations Kimberly Stewart, Tel.+33 (0) 1 47 7866 74 E-mail: kstewart@technip.com Michèle Schanté, Tel.+33 (0) 1 47 7867 38 E-mail: mschante@technip.com or Website http://www.technip.com Find us on Twitter @TechnipGroup  
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