TPT September 2009

I ndustry N ews

Technip acquires intellectual property rights

The LNG will be distributed to the Chinese market to help meet the growing demand for clean energy. Technip’s operating centres in Kuala Lumpur, Malaysia and Shanghai, China will execute the contract, which is scheduled to be completed in the second half of 2011. Technip – France Fax : +33 14778 2588

TECHNIP, a leader in the fields of project management, engineering and construction for the oil and gas industry, offers a comprehensive portfolio of solutions and technologies. The company has announced that it has acquired the intellectual property rights for the application of the small amplitude helical tubing technology for steam cracking furnaces from HeliSwirl. Steam cracking is a petrochemical process using steam to crack hydrocarbon molecules to produce ethylene and propylene. The technology was invented at Imperial College London, and then transferred to HeliSwirl for commercial development. The acquisition broadens Technip’s technological offering, and will reinforce its position in the steam cracking furnace market. Technip has also reported that it has been awarded a number of new contracts. The first, awarded by BHP Billiton, is for the fabrication, transportation and installation of a flowline, and transportation and installation of an umbilical, for the BHP Billiton-operated Angostura gas project, located offshore Trinidad and Tobago, in approximately 30m (100ft) of water. The second contract is for the K2 field expansion project, operated by Anadarko Petroleum Corporation in the Gulf of Mexico. Two additional wells will be tied back to the existing subsea equipment and to the Marco Polo platform with production flowlines. These wells are located in Green Canyon Blocks 562 and 606, at a water depth of approximately 1,200m (4,000ft). Technip’s operating centre in Houston, Texas will execute these two contracts. The flowlines will be welded at the group’s spoolbases in Evanton, Scotland (for the BHP Billiton contract) and Mobile, Alabama (for the Anadarko contract). The third contract, awarded by Ningxia Hanas Natural Gas Company Ltd, is a lump sum contract for a mid-scale liquefied natural gas (LNG) plant to be built in Yinchuan, China. The contract covers the engineering, supply of main equipment, procurement and construction management services for facilities for natural gas pre- treatment, liquefaction, LNG storage and

loading, utilities, offsites, buildings and other infrastructure. This LNG plant will be the largest facility of its kind in China, and will have two LNG trains (units that transform natural gas into liquefied natural gas by cooling it to a temperature of -162°C), each with a capacity of 400,000 tons per year, based on an Air Products liquefaction process.

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

COMPANIES WHO BELIEVED IN a PaRTneRShIP wITh US:

ROYAL DUTCH SHELL

KELLOGS BROWN AND ROOT, USA

NORSK HYDRO, NORWEGIA

HEEREMAC, THE NETHERLANDS

FMQ, SAUDI ARABIA

WELDING PROCESSES: GTAW GMAW FCAW

QUALITY INTERNATIONAL, UAE

FLUOR DANIEL SADA, USA

CCIC, QATAR

SUEDROHRBAU, SAUDI ARABIA

STORK MEC, BELGIUM

NACAP ASIA PACIFIC, THAILAND

EXXON MOBIL, USA

OILSERV, NIGERIA

GENERAL ELECTRIC, USA

TEKFEN INSAAT, TURKEY

MONTER STROJARSKE MONTAZE, CROATIA

GALFAR E&C, OMAN

• AUTOMATIC PIPE WELDING SYSTEMS AND RELATED EQUIPMENT • FROM 6MM AND UP • INTERNAL/EXTERNAL

ARAMCO SERVICES, SAUDI ARABIA

CANADOIL ASIA, THAILAND

VAM, MCE GROUP, AUSTRIA

OAO LUKOIL, RUSSIA

LARSEN & TOUBRO LTD, INDIA

NIS-NAFTAGAS, SERBIA

PETROJET, EGYPT

KEVIEPSZER KFT., HUNGARY

KVV ZRT., HUNGARY

PETROFAC, UAE

ENI-SNAM, SAUDI ARABIA

BIN QURAYA EST, SAUDI ARABIA

andmanymORe...

T +31 321 38 66 77 | F +31 321 31 41 65 | info@magnatech-international.com

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