Press Release

Paris, July 11, 2007

Technip has been awarded a contract worth approximately €160 million by PKN ORLEN S.A. for the construction of a new paraxylene^* complex in its refinery in Plock, central Poland.

Technip's operations and engineering center in Rome (Italy) will execute the project which includes engineering, procurement and supply of equipment and materials, and technical assistance for activities at site (construction, precommissioning and commissioning). Services, materials and equipment supply will be delivered on a lump sum basis; activities at site will be charged on a cost plus fee basis.

The complex's production units will be based on UOP technology and have a capacity of 400,000 tons/year. The auxiliary system will be developed by Technip.

Project completion is scheduled for December 2009.

This new contract marks a new step in the collaboration between Technip and PKN ORLEN, which includes among others the diesel oil hydrodesulphurization unit and the hydrogen plant currently in progress at the Plock Refinery.

^* Paraxylene: an hydrocarbon aromatic compounds mainly used in the fabrication of polyesters for fibers, films and resins. Smaller quantities of paraxylene are used as solvents, lubricants and in crop protection products.

With a workforce of 22,000 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.