Press Release

Paris, November 7, 2006

Technip has been awarded a turnkey contract for the construction of a new bioethanol production unit by Ryssen, a subsidiary of the sugar producer Saint Louis Sucre. This new production unit will use Technip’s proprietary technology and will be built in the port of Dunkirk.

This project fits into the framework of the biofuels development program set up by the French government in order to reduce transportation-related air pollution and dependence on imported energy.

This new production unit should go into production in July 2007.

This contract represents a new phase in Technip’s collaboration with Ryssen, for which it built an ethanol facility at the same site in 2005.

With a workforce of more than 21,000 people, 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 operations and engineering centers and business units 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.