Technip Awarded Commissioning Gig for Ichthys Proj.

Technip has been awarded by Inpex Corporation an important offshore commissioning contract, worth approximately $274 million (EUR 210 million), for the Ichthys LNG Project located in the Browse Basin, Western Australia.

An integrated team will work on all activities related to the preparation and execution of the offshore commissioning for the floating, production, storage and offloading (FPSO) unit and the central processing facility.

Technip's operating center in Perth, Australia will execute the contract starting immediately, which is planned to be completed following the delivery of first gas from the Ichthys LNG Project scheduled in 4Q 2016.

Philippe Barril, Technip's Executive Vice President and Chief Operating Officer Onshore/Offshore stated: "We have a team of leading FPSO and semisubmersible experts who are among the world's most experienced commissioning engineers, as well as many supporting resources with practice on similar projects in Perth. Their involvement will ensure the success of this cornerstone project as we grow our hook-up and commissioning offering for the Australian market."

This award follows two recent contract wins for Technip on the Ichthys LNG Project this year: a services contract awarded in June for the detailed engineering and procurement assistance for the topsides facilities of the FPSO unit, and a flexible pipe supply contract awarded in April. This new contract strengthens Technip's privileged relationship with its key client INPEX and reflects its continuing confidence in the Group's expertise and work.


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