Press Release

Paris, December 7, 2007

 

Technip has been awarded by Total an engineering, procurement and construction management (EPCM) services contract, worth approximately €90 million, for a new kerosene hydrodesulphurization* unit. This unit will be built in the Leuna refinery, located near Leipzig, Germany.

The contract covers the implementation of a new hydrotreating unit at low pressure. The unit will produce 120 tons per hour of kerosene and light diesel oil, in compliance with the German light heating oil sulphur specification of 50 parts per million.

Technip's operating center in Düseldorf (Germany) will execute the contract, which is scheduled to be completed in October 2009.

This award marks a new step in the collaboration between Technip and Total in Germany, for whom Technip has already carried out the basic engineering for this project and is currently performing engineering, procurement and construction services in the Leuna refinery.

^* Hydrodesulphurization is a catalytic refining technology consisting in extracting sulphur contained in a petroleum product either to protect downstream unit catalysts or to maintain sulphur content at the level prescribed by the European norm intended to reduce transportation-related air pollution.

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. 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.

 

Public Relations: Laurence Bricq Tel.: +33 (0) 1 47 78 26 37 Fax: +33 (0) 1 47 78 24 33 lbricq@technip.com

Investor and Analyst Relations: Xavier d’Ouince Tel.: +33 (0) 1 47 78 25 75 Fax: +33 (0) 1 47 78 67 58 xdouince@technip.com