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Press Release

Technip awarded flowline installation work for Kerr-McGee’s Ticonderoga field in the Gulf of Mexico

January 21, 2005

Technip has been awarded the Ticonderoga subsea flowline installation contract by Kerr-McGee Oil & Gas Corp., a wholly owned affiliate of Kerr-McGee Corp. (NYSE: KMG). The Ticonderoga production will be tied back to Kerr-McGee’s 100% owned Constitution Spar.

The Constitution field is located in the Gulf of Mexico on Green Canyon blocks 679 and 680, approximately 190 miles southwest of New Orleans in 5,000 feet of water. The Ticonderoga field is located on Green Canyon block 768 in 5,250 feet of water. Kerr-McGee operates the Ticonderoga development and holds a 50% interest. Noble Energy Inc. (NYSE: NBL) owns the remaining 50%.

The overall project covers the installation of two pipe-in-pipe flowlines and steel catenary risers along with pipeline end termination (PLET) structures for the tie-back of the wells.

Technip’s engineering center based in Houston will provide the installation engineering along with the design of the PLET structures. The group’s deepwater pipelay vessel Deep Blue will install the flowlines during the fourth quarter of 2005.

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