Press Release

Paris, July 3, 2008

Technip, leader in a consortium with Pireco, has been awarded by Tunisian Indian Fertilizers (TIFERT) an engineering, procurement and construction (EPC) lumpsum contract for a sulfuric acid unit to be built at the La Skhira industrial site in Tunisia.

The unit, which will be based on the Monsanto Enviro-Chem Systems (MECS) process, will have a production capacity of 3,600 tons per day. It is part of the TIFERT project that will use sulfuric acid and phosphate to produce phosphoric acid for use in fertilizers. The unit is expected to go into production at the beginning of 2010.

This contract will be executed by Technip’s operating center in Paris. The award of this contract strengthens Technip’s presence in North Africa and demonstrates the Group’s expertise in fertilizer production units.

With a workforce of 23,000 people, Technip is a worldwide leader in the field of oil, gas and petrochemical engineering, construction and services. The Group is headquartered in Paris.
The Group’s main operating 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.