TPT May 2008

I ndustry N ews

Technip to establish new flexible pipe manufacturing plant in Asia

US government supply agreement for tube manipulation technology

Technip has announced it will set up a new flexible pipe manufacturing plant under the name Asiaflex Products. Located in Tanjung Langsat industrial complex, on the southern tip of Peninsular Malaysia in Johor State, this new plant will have direct access to a deepwater quayside. Asiaflex Products will have a manufacturing capacity of 200km 2 (normalized) per annum of flexible pipes. It will allow the Technip group to reach a total maximum production capacity of 1,060km (normalized) per annum. This figure includes the current capacity of the two existing Technip plants – Flexi France in Le Trait, France and Flexibras in Vitória, Brazil. The new plant is part of a €1 billion capex programme to strengthen Technip’s assets in the subsea industry (vessel fleet, engineering centres and manufacturing plants) and reinforce Technip’s worldwide leadership in the flexible pipe market. Expected to be operational by 2010, Asiaflex Products’ primary focus will be the

emerging deepwater oil and gas markets in the Asia-Pacific and Middle-East regions. The facility will have the capability of producing the complete range of Technip flexible pipes. The manufacturing site will be designed to allow future extension for umbilical production. The plant will provide employment for approximately 300 people. Technip is a global player in oil and gas services and a long-standing leader in oil and gas engineering in the Asia-Pacific region with more than 3,200 employees, key operating centres across Asia and Oceania and regional headquarters in Kuala Lumpur, Malaysia. Mr Bernard Di Tullio, Technip president & COO stated: “This new plant, benefiting from its strategic location and our expertise in flexible pipe manufacturing, will further consolidate our global leadership.” Technip – France Fax : +33 1 47 78 33 40

AddisonMckee, tube-bending and end- forming specialist, has entered into an exclusive supply agreement with GSA contractor and manufacturing distributor, Phillips Corporation (Federal Division). This deal will involve the supply of superior tube manipulation technologies to the US Federal Government. The new partnership between the companies will provide all government customers with access to the latest tube bending technology at a competitive price. GSA schedules provide the option of circumventing many of the challenges usually associated with the government procurement process. GSA purchases enable customers to buy products at a price that is pre-negotiated and deemed fair and reasonable by the federal government. A well-established company in the US Federal Government marketplace since 1961, the goal of Phillips Corp has always been to deliver the best technology

Email : lbricq@technip.com Website : www.technip.com

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M ay 2008

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