TECHNIP AWARDED A NEW FLEXIBLE PIPE CONTRACT IN BRAZIL

Technip has been awarded a contract worth approximately $150 million by Petrobras for the development of the Roncador field, located off the Brazilian coast. The Roncador P-54 project consists of eleven production and six water injection subsea wells, located at water depths down to 1,740 meters and connected in direct tie-back to the P-54 FPSO(1) anchored at a water depth of 1,400 meters.