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Technip Awarded the Bouri East Area Development Project by Agip Oil Company Ltd in Libya.


PARIS Paris, in Greek mythology
Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt.
 -- Technip (NYSE NYSE

See: New York Stock Exchange
:TKP TKP Türkiye Komünist Partisi (Communist Party of Turkey; formerly Sosyalist Iktidar Partisi, Party of Socialist Power)
TKP Tulajdonképpen (Hungarian)
TKP Tausender-Kontaktpreis
TKP Tamarind Kernel Powder
) has been awarded by Agip Oil Company Ltd Libyan Branch (owned 50% by NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network,  and 50% by ENI) a contract worth approximately EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 50 million for the Bouri East Area Development (EAD).

The Bouri field, located in block NC-41, lies 120 km offshore the Libyan coast in 145 to 183 m water depth. The EAD Project will consist of four new sub sea production wells, clustered around a central manifold and tied-back to the DP4 Platform.

Technip will perform the engineering, procurement, fabrication, testing, transport, trenching, installation and pre-commissioning of two 8-inch production flexible flowlines and risers and one 3-inch service flowline flexible, together with associated risers system. The flexible lines will be manufactured by Flexi France, one of the Group's flexible pipe plants based in Le Trait, France. The project also involves the installation of umbilicals provided by Agip Oil Company Ltd.

Installation works will be performed before end 2005 by one of the 13 Technip first-class dynamically positioned vessels.

Daniel Valot, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Technip, said: "This new award is one step further for the Technip group progression in Libya where, since 1999, Technip conducts project management activities (PMC) for the Western Libya Gas Project, a major gas project development."

With a workforce of about 19,000 persons, 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 engineering and business centers are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the United States, Brazil, Abu-Dhabi, China, India, Malaysia and Australia. The Group has high-quality industrial and construction facilities in France, Brazil, the UK, the USA, Finland and Angola as well as a world-class fleet of offshore construction vessels.

Technip's shares trade on the following exchanges: TKP Listed NYSE and Euronext ISIN Isin (ĭs`ĭn), capital of an ancient Semitic kingdom of N Babylonia. The city became important after the third dynasty of Ur fell to the Elamites and the Amorites (c.2025 B.C.). The phase from c.2025–c.1763 B.C.  FR0000131708.
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Publication:Business Wire
Date:Aug 17, 2004
Words:317
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