Technip, NPCC to execute the Qatargas II offshore EPC contract

Technip and the National Petroleum Construction Co. (NPCC) will be in charge of the engineering, procurement, and construction contract for the offshore facilities of the Qatargas II LNG plant expansion project awarded by Qatar Liquefied Gas Co. Ltd. (II), Qatargas II to NPCC.

Technip and the National Petroleum Construction Co. (NPCC) will be in charge of the engineering, procurement, and construction contract for the offshore facilities of the Qatargas II LNG plant expansion project awarded by Qatar Liquefied Gas Co. Ltd. (II), Qatargas II to NPCC. Technip's share of the approximately $500 million contract is 30% and includes the engineering and sharing of procurement activities, which will be undertaken by its engineering center based in Abu Dhabi.

The project consists of three unmanned offshore platforms, refurbishment and tie in work to the existing NFB platform, two new 34-in. and 38 �in. pipelines to shore and several new power and/or communications umbilicals, which will support the two new Qatargas II LNG Trains 4 and 5 at Ras Laffan City.

The offshore facilities will be completed to support the onshore facilities of Train 4 by December 2007 and those of Train 5 by October 2008.

Production from North field of approximately 2.9 bcf/d of raw gas is planned to supply Trains 4 and 5, to be built under a separate contract.

01-14-05

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