| Technip
- News - July 8, 2005
TECHNIP AWARDED TWO CONTRACTS
BY STATOIL FOR SUBSEA SERVICES IN NORWAY
Technip has been awarded two contracts by Statoil
for subsea services in the Norwegian part of the
North Sea.
* The first contract includes diving, pipeline
repair, contingency and modification services
in Norway. Its total value is estimated to be
€515 million (NOK 4 billion) including options.
The actual value will depend upon the client’s
subsea requirements.
A new Technip office in Stavanger (Norway) will
carry out the main project management and engineering
works related to contingency for pipeline repair
work, planned maintenance, modification and subsea
installation using manned or remote operated methods.
* The second contract, valued at around €52
million (NOK 400 million), options included, comprises
maintenance and preparation of equipment utilized
for pipeline repair services.
The contract will be carried out by a consortium
(60%/40% respectively) between Technip’s
affiliate in Oslo (Norway) and DeepOcean from
Killingøy Offshore Base in Haugesund (Norway).
Both contracts go into effect on January 1, 2007
and last for 5 years, with options for 3 one-year
extensions.
* * *
With a workforce of about 19,000 persons, Technip
ranks among the top five corporations in the field
of oil, gas and petrochemical engineering, construction
and services. Headquartered in Paris, the Group
is listed in New York and Paris. The Group’s
main engineering and business centers are located
in France, Italy, Germany, the UK, Norway, Finland,
the Netherlands, the USA, Brazil, Abu-Dhabi, China,
India, Malaysia and Australia. In support of its
activities, the Group manufactures flexible pipes
and umbilicals, and builds offshore platforms
in its manufacturing plants and fabrication yards
in France, Brazil, the UK, the USA, Finland and
Angola, and has a fleet of specialized vessels
for pipeline installation and subsea construction.
Public Relations:
Technip
Laurence Bricq
Ph.: +33 (0) 1 47 78 26 37
Fax: +33 (0) 1 47 78 24 33
lbricq@technip.com
Marina Toncelli
Ph.: +33 (0) 1 47 78 66 69
Fax: +33 (0) 1 47 78 24 33
mtoncelli@technip.com
Investor and Analyst Relations:
G. Christopher Welton
Ph.: +33 (0) 1 47 78 66 74
Fax: +33 (0) 1 47 78 67 58
cwelton@technip.com
Xavier d’Ouince
Ph.: +33 (0) 1 47 78 25 75
Fax: +33 (0) 1 47 78 67 58
xdouince@technip.com |
