Technip Awarded Multi-Disciplinary Engineering Services Contract by Woodside

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) has been awarded an engineering services contract by Woodside to provide multi-disciplinary engineering services as part of an engineering panel. This contract covers all Woodside operated onshore, offshore and subsea producing assets.

Under the agreement, Technip and Genesis⁽¹⁾ may provide a comprehensive suite of engineering services including:

• concept select and feasibility studies,
• front-end engineering and design (FEED),
• detailed engineering,
• production engineering support,
• engineering assessment and review, as well as Genesis’ specialist technical services (e.g. flow assurance, technical safety).

Arnaud Pieton, President of Technip in Asia Pacific, commented: "We are delighted to continue our relationship and journey with Woodside in the pursuit of innovative engineering solutions for their existing and extensive onshore LNG facilities, offshore oil & gas assets and subsea infrastructures.”

The contract enables Woodside to leverage our combined resource pool in our operating center in Perth, Australia, as well as support from our global team.

This agreement is also part of Technip’s strategy to be even closer to its clients and build long-lasting relationships.

⁽¹⁾Group’s wholly owned subsidiary Genesis

Technip is a world leader in project management, engineering and construction for the energy industry.

From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our close to 33,000 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.

Present in 45 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.

Technip shares are listed on the Euronext Paris exchange, and its ADR is traded in the US on the OTCQX marketplace as an American Depositary Receipt (OTCQX: TKPPY).

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