Technip Awarded a Subsea Contract for the Appaloosa Development in the Gulf of Mexico

PARIS--(Business Wire)--
Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) has been awarded a lump sum contract by
ENI US Operating for the Appaloosa development project in the Gulf of Mexico.
This project consists of the tie-back of the Appaloosa well located in
Mississippi Canyon, 145 nautical miles (268 kilometers) offshore Mobile, Alabama
at a water depth of approximately 2,825 feet (860 meters), to the Corral
platform.

The contract covers:

* Project Management and surveys,
* Engineering, fabrication and installation of a 21-mile long (34-kilometer)
production flowline(1), a riser(2) and subsea equipment,
* Installation of free issued umbilical(3) and flying leads,
* Pre-commissioning and dewatering of the flowline.

Technip`s operating center in Houston, Texas will execute this contract. The
flowline and riser will be welded at the Group`s spoolbase located in Mobile.
Offshore installation is scheduled to be completed in the fourth quarter of 2009
using the Deep Blue, Technip`s deepwater pipelay vessel. Extensive saturation
diving work will be executed using the Skandi Achiever, one of the Group`s
diving support vessels, and umbilical installation using the Deep Pioneer, one
of Technip`s deepwater construction vessel. Technip`s scope of work is expected
to be completed by 15th April 2010.

Technip is a world leader in the fields of project management, engineering and
construction for the oil & gas industry, offering a comprehensive portfolio of
innovative solutions and technologies.

With 23,000 employees around the world, integrated capabilities and proven
expertise in underwater infrastructures (Subsea), offshore facilities (Offshore)
and large processing units and plants on land (Onshore), Technip is a key
contributor to the development of sustainable solutions for the energy
challenges of the 21st century.

Present in 46 countries, Technip has operating centers and industrial assets
(manufacturing plants, spoolbases, construction yard) on five continents, and
operates its own fleet of specialized vessels for pipeline installation and
subsea construction.

The Technip share is listed on Euronext Paris exchange and over the counter
(OTC) in the USA.

(1) Flowline: flexible or rigid pipe laid on the seabed for the transport of
production or injection fluids.

(2) Riser: a pipe or assembly of pipes used to transfer produced fluids from the
seabed to surface facilities.

(3) Umbilical: an assembly of steel tubes and/or thermoplastic hoses. Umbilicals
can include electrical cables or optic fibers to support communications, power
supply and telemetry functions.

Technip
Public Relations
Christophe Belorgeot
Tel. +33 (0) 1 47 78 39 92
or
Floriane Lassalle-Massip
Tel. +33 (0) 1 47 78 32 79
E-mail: press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart
Tel. +33 (0) 1 47 78 66 74
E-mail : kstewart@technip.com
or
Antoine d`Anjou
Tél. : +33 (0) 1 47 78 30 18
E-mail : adanjou@technip.com
Group websitehttp://www.technip.com

Copyright Business Wire 2009