Technip has been awarded by Total an engineering, procurement services and construction management contract to increase the capacity of the hydrocracker at the <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />Normandy refinery located in Gonfreville, France. This project, which is part of a larger investment plan for the refinery, is valued at more than €100 million (of which Technip’s share is 20%). <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
Technip’s scope includes:
· debottlenecking of the hydrocracking plant,
· debottlenecking of the hydrogen unit needed in order to operate the hydrocracker.
This extension will increase hydro-conversion capacity to 10,000 tons per day from the current 8,000 tons thereby enabling the production of more diesel fuel and kerosene.
Technip’s operating center in Paris, France will execute the contract with support from the Group’s Zoetermeer office (Netherlands).
Technip is a world leader in the fields of project management, engineering and construction for the oil & gas industry, offering a comprehensive portfolio of innovative solutions and technologies.
With 23,000 employees around the world, integrated capabilities and proven expertise in underwater infrastructures (Subsea), offshore facilities (Offshore) and large processing units and plants on land (Onshore), Technip is a key contributor to the development of sustainable solutions for the energy challenges of the 21st century.
Present in 48 countries, Technip has operating centers and industrial assets (manufacturing plants, spoolbases, construction yard) on five continents, and operates its own fleet of specialized vessels for pipeline installation and subsea construction.
The Technip share is listed on Euronext Paris exchange and over the counter (OTC) in the USA.
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Christophe Bélorgeot Tel. +33 (0) 1 47 78 39 92
Floriane Lassalle-Massip Tel. +33 (0) 1 47 78 32 79
Investor and Analyst Relations
Kimberly Stewart Tel. +33 (0) 1 47 78 66 74
E-mail : email@example.com
Group website http://www.technip.com