Paris, June 27, 2007

 

Technip has been awarded by CEPSA a lumpsum engineering, procurement and construction (EPC) contract, worth approximately €60 million, for a hydrogen plant to be built at the Huelva refinery, Spain.

Technip's operations and engineering center in Zoetermeer (The Netherlands) will execute the contract, with support from the center in Barcelona (Spain).

The plant, based on Technip's proprietary technology, will have a capacity of 68,700m3/hour of hydrogen. It will produce very high quality steam utilizing Technip's segregated/dual steam system.

The project is expected to be completed in the fourth quarter of 2009. It is part of CEPSA's major expansion plan to meet the growing demand for middle distillates in Spain.

With over 220 completed hydrogen units, including seven units in Spain, Technip has been consistently recognized as the global market leader in this field.