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Press Release

Technip awarded flexible supply contract for Fletcher Finucane development in Australia

March 05, 2012

Technip was awarded, by Santos Limited, a flexible pipe supply contract for the Fletcher Finucane oil field development, in Western Australia. The field is located in the Carnarvon Basin, offshore North Western Australia, at a water depth of 160 meters.

The contract, which includes project management, engineering and the supply of 31 kilometers of 10.2” and 9” production flowlines*, along with 22 kilometers of 3” service lines, will start in April 2012, with delivery planned for the second semester of 2012.

This award constitutes an important milestone for Technip, as it will be the largest contract awarded to date to its flexible pipe plant, Asiaflex Products, in Tanjung Langsat, Malaysia, since the plant started operation in 2010. Totaling more than 50 kilometers of pipes, this contract solidifies the position of Technip as the primary supplier of flexible pipes in Asia Pacific.

Technip’s operating centre in Perth (Australia), one of its centers of excellence for flexible product design, will carry out the project management and engineering.

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* Flowline: a 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. 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.

From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, Technip’s 30,000 dedicated staff are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.

Technip shares are listed on the NYSE, Euronext Paris exchange and the USA over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPK).

 

Public Relations
Christophe Bélorgeot Tel. +33 (0) 1 47 78 39 92
Floriane Lassalle-Massip Tel. +33 (0) 1 47 78 32 79
E-mail: press@technip.com

Investor and Analyst Relations
Kimberly Stewart Tel. +33 (0) 1 47 78 66 74
E-mail : kstewart@technip.com

 

Group website http://www.technip.com