Technip Wins a Contract in Poland for a Hydrogen Plant
PARIS -- Technip (Paris:TEC) (NYSE:TKP) (ISIN:FR0000131708) has been awarded an engineering, procurement and construction management (EPCM) lump sum contract by PKN Orlen for a hydrogen plant, to be located at its refinery in Plock, Poland.
Technip's operations and engineering center in Zoetermeer, the Netherlands, will execute the contract, which covers:
* licensing, design and supply of equipment and materials,
* construction management and supervision,
* start up services and training.
The hydrogen plant, based on Technip's proprietary technology, will have a capacity of 5 tons/hour. The hydrogen will then be used in the refinery to produce diesel oil in compliance with the European norms.
The facility, which represents an overall investment of approximately 50 million, is scheduled to be operational in the first quarter 2009. This will be the second hydrogen production facility executed by Technip for PKN Orlen.
With the completion of over 220 hydrogen units, Technip has been consistently recognized as the market leader in this field.
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.
Contacts
Technip
Public Relations:
Laurence Bricq, +33 (0) 1 47 78 26 37
lbricq@technip.com
or
Investor and Analyst Relations:
G. Christopher Welton, +33 (0) 1 47 78 66 74
cwelton@technip.com
or
Xavier d'Ouince, +33 (0) 1 47 78 25 75
xdouince@technip.com
or
Group website:
http://www.technip.com
Technip's operations and engineering center in Zoetermeer, the Netherlands, will execute the contract, which covers:
* licensing, design and supply of equipment and materials,
* construction management and supervision,
* start up services and training.
The hydrogen plant, based on Technip's proprietary technology, will have a capacity of 5 tons/hour. The hydrogen will then be used in the refinery to produce diesel oil in compliance with the European norms.
The facility, which represents an overall investment of approximately 50 million, is scheduled to be operational in the first quarter 2009. This will be the second hydrogen production facility executed by Technip for PKN Orlen.
With the completion of over 220 hydrogen units, Technip has been consistently recognized as the market leader in this field.
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.
Contacts
Technip
Public Relations:
Laurence Bricq, +33 (0) 1 47 78 26 37
lbricq@technip.com
or
Investor and Analyst Relations:
G. Christopher Welton, +33 (0) 1 47 78 66 74
cwelton@technip.com
or
Xavier d'Ouince, +33 (0) 1 47 78 25 75
xdouince@technip.com
or
Group website:
http://www.technip.com
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