TECHNIP IN NORWAY

GENERAL PRESENTATION

Technip

Technip Among the top five major players in the field of oil, gas and petrochemical engineering, construction and services Global corporation with entities in all oil & gas sectorsWorkforce of 22,000 worldwideAnnual revenues of almost 7 billion euros (2006)Headquarters located in Paris, La DéfenseOwns and operates several high-quality industrial and construction facilities in addition to a world-class fleet of offshore construction vessels

Office in Stabekk – Oslo

Technip in NorwayMain office at Stabekk (Oslo)Spoolbase in Orkanger (near Trondheim)New offices in Stavanger and Haugesund opened in 2006More than 250 personnel Office in Stabekk – Oslo

History/Status

History:Operating in Norway since 1985 Established offices in Norway since 1988

Orkanger

Oslo

Facilities:Oslo (Stabekk) offices Stavanger and Haugesund offices (from 2006)Orkanger spoolbase

Stavanger

Haugesund

Technip in Norway

In Norway, operations are mainly linked to EPCI subsea, umbilicals, risers and flowlines (SURF) projects for development of floating production systems and subsea oil & gas fields.

Operating on the Norwegian Continental Shelf, Technip Oslo’s core services are:

Project management and engineeringUnderwater contractingManned (diving) and unmanned (ROV) underwater operations Design, engineering & procurement for the supply and installation of flexible pipe, flowlines and risers, umbilicals, spooled rigid pipe and associated underwater activities (SURF)Inspection, Maintenance and Repair (IMR) servicesSubsea structure decommissioning

Major flexible pipe references in Norway

Norne

Balder

Varg

Åsgard B, C, A

Snorre TLP+B

Njord Visund

Balder

Åsgard A, B, C

Njord Norne Snorre TLP + B Varg

Kristin Fram Vest

Åsgard A, B, C

Project Experience – over the last 10 yearsEsso

BalderRinghorneRinghorneJurrasic

Norsk HydroNjordVisundVargSnorre BFram VestOseberg JFram ØstVilje

Shell Garn WestRogn South

StatoilNorneGullfaksÅsgardStatfjord NFHeidrunSleipner-LokeTommeliten (LWI)Heidrun (LWI)SygnaSigynYme β VestHuldra condensateÅsgard QKristin MarineKristin RisersSnøhvit MarineNorne SatellitesVeslefrikk jumpersÅsgard Export riserDiving/Repair Frame ContractPRS Frame AgreementTyrihansTampen LinkReeled pipe frame agreement

Total (Elf)NE Frigg (LWI)Frigg/Frøy

BP NorgeTambarUla-GydaValhall

PhillipsEkofisk

MarathonAlvheim

Most recent contracts 2005 - 2007

Completed Contracts – Offshore 2005

Client Project nameStatoil Kristin Marine Operations Statoil Kristin RisersStatoil SnøhvitStatoil Åsgard QStatoil Norne SatellitesStatoil Veslefrikk JumpersTalisman Varg Riser

Current Contracts – Offshore 2006 and 2007

Statoil Veslefrikk JumpersStatoil Diving & PRSNorsk Hydro Fram EastNorsk Hydro ViljeMarathon Alvheim DevelopmentStatoil Åsgard Riser ReplacementStatoil TyrihansBP TambarStatoil Tampen LinkStatoil Reeled Pipe Frame Agreement

Project references: Kristin marine operations – Scope of work

Vessels used from the Technip fleetApacheWellservicer

Client: StatoilSubsea tie-back to Kristin A PlatformWater Depth: 370 mE(P)CI contractInstallation 2004 & 2005

Fabrication:3 manifolds in 2004 16 km of 3.5” ID Carbon Steel Service Line Umbilical Bundles40 km off 10” ID 13% Chrome 23 km off 12” Carbon Steel oil export line (to Åsgard C)7 spools with protection covers46 Tie-ins and 1 fiber optic cable to Åsgard / Midgard, simultaneous laying-trenching

Kristin marine operations

Project references: Kristin risers – Scope of work

Client: Statoil Flexible riser to Kristin semi-submersibleWater depth: 315 mEPCI contract

Fabrication:7 off 10” flexible production risers (incl. one spare)2 off 11.6” oil export/import risers

(one at Åsgard C)2 off 16” gas export risers All accessories for Pliant Wave risers30 off riser anchors

Installation :Aug/Sept 2004 (prior to Kristin semi-submersible arrival)Install vertical and horizontal risers anchors

Pre-installation: 2 off 11.6” oil export risers2 off 16” gas export risers3 off DEH risers

Vessels used from the Technip fleet:Constructor Wellservicer

Kristin risers

Project references: Snøhvit marine operations - Scope of work

Client: StatoilSubsea tie-back to onshore LNG plantWater depth: from 18 m to 440 mEPCI contract

Fabrication:152 km of 8” carbon rigid line286 km of 4” piggy-backed coiled tubing line19 km of 14” 13% chrome rigid line8 spools (8” to 28”)Protection covers

Installation:Rigid flowlines187 km umbilicals20 km cablesTie-ins with ICARUS and PSS toolsProtection systemFlooding/testing of infield lines

Vessels used from the Technip fleet:ApacheConstructor

Snøhvit

Project references: Åsgard Q – Scope of work

Client: Statoil Water depth: 300 mEPCI ContractJoint venture: Technip and Subsea 7

Fabrication:2 off 10” 13% chromium infieldflowlines, each 13.5 km long. Weldingand coating at Orkanger Spoolbase.Initiation piles, anode joints, etc.

Installation:Initiation piles installation (Technip)Flowline installation (Subsea 7)Pre-commissioning (joint venture)

Vessel used from the Technip fleet:Wellservicer

Åsgard Q

Project references: Norne Satellites marine operations – Scope of work

Client: StatoilSubsea tie-back of Svale and Stær to Norne FPSOWater depth: 380 m(E)(P)CI contract: installation 2005

Delivery9 km of 15” production pipeline with DEH cable and CPS, carbon steel with 316L cladding2 PLEMs + 1 T-piece12 km of 5” gaslift pipeline4 flexible tails

Vessels usedApache

Norne Satellites marine operations

Project references: Alvheim development – Scope of work

Client: Marathon Petroleum CompanySubsea tie-back to FPSO “Odin”Water depth: 120 mEPCI contract: installation 2006

Engineering, Procurement & Fabrication4 production manifolds3 riser bases including subsea isolation

valveSage tie-in skid75 km subsea pipelines (from 4” to 14”)8 flexible risers (10” – 12.5”) 3 dynamic umbilicals16 km static umbilical46 spools inclusive diver tie-ins3 riser support systems (Mid Water Arch)

Deep PioneerApacheNormand PioneerWellservicer

Vessels used from the Technip fleet:

Project references: Fram Øst flowlines – Scope of work

Client: Norsk HydroSubsea tie-back to Troll C platformWater depth: 320 mEPCI contract: installation 2006Delivery18 km of 12.6” ID clad pipe18 km of 12.9” ID water injection pipeLinepipe coating11.5 km of flexible risers and flowlines20 km static service umbilical0.7 km dynamic service umbilical17 off tie-insTrenching (water jetting)Structures: PLEMs, Gas Lift Skid,Protection coversPre-commissioningRock dumping (approx. 230,000 tonnes)Linepipe and 2 manifolds

Vessels used from the Technip Fleet:Apache Deep PioneerNormand Pioneer

Project references: Vilje project - Scope of work

Client: Norsk HydroSubsea tie-back to Alvheim FPSOWater depth: 120 mEPCI contract

Fabrication:~19 km 12” carbon steel oil production flowline~19 km 6” carbon steel gas lift flowline~19 km steel tube service umbilical12” & 6” spools and umbilical jumper12” and 6” pig trapsProtection covers

Installation:12” & 6” flowlinesUmbilical12” & 6” spools and umbilical jumper at Vilje (Alvheim project installing spools at Alvheim)Tie-ins to Vilje satellitesDiving tie-ins to Alvheim Riser Bases (carried out for Alvheim project)Vilje flowbases and protection structuresProtection coversTrenching, backfilling and rockdumping

Vessels used from the Technip fleet:ApacheNormand Pioneer Wellservicer

Project references: PRS/Diving Frame Agreement – Scope of work

Client: Statoil ASAHydro and Esso included for diving / PRS work

Type of Contract: Frame ContractExclusive contract for all diving work for Statoil

Duration: 5 years (01/01/2007 to 31/12/2011) + options

Scope of Work - Main Work categories:Contingency for Pipeline repair work, manned- or remoteContingency for other repair work at subsea equipment and structuresPlanned maintenance, modification and installation work, diver assisted or remote operatedDiving contingency preparedness

Area of OperationBritish, Dutch, Danish, German, Belgian, French and Norwegian continental shelf.May be extended to other areas based on Company's future requirements.

FRAME CONTRACT DIVING – WHAT DOES IT ENTAIL?

Established new office in Stavanger, in June 2006

New ”state-of-the-art” DSV under construction

New Hyperbaric Rescue Unit on Wellservicer 1Q 2007

Development of new personal diving technologyRebreathers for diversDivers umbilicalDivers suit

Principal Particular - New DSVPrincipal Particular - New DSV

Orkanger Spoolbase

The Spoolbase is located in Orkanger some 65 km south west of Trondheim and is well placed to service the Norwegian Sea developments planned over the next decade.

The Spoolbase is used for the fabrication of steel pipe for reeling onto the Installation vessel. The fabrication building is 220 m in length and is able to accept double jointed lengths of coated pipe onto the production line which has 8 welding stations, two mobile radiography bunkers and 6 field joint coating stations.

The production pipe is pulled from the fabrication building along a set of production rollers until a 920 m stalk is completed afterwhich the stalk is rolled over onto the 30 m wide stalk racks. The Spoolbase has permanently located facilities and ancillary storage racks for pipe up to 16" in diameter (~400 mm).

The capacity of the racks based on 12" three layer coated pipe is 90 stalks each 920 m in length. This represents 82 km of pipe fully fabricated and ready to load out via the rollers located at the opposite end of the racks and in line with the tie-in building and specially constructed quay where the Installation vessels can berth, stern on, to accept the stalks of pipe.

Orkanger Spoolbase

Orkanger Spoolbase

Orkanger Spoolbase

Facilities

Spar concept study & tests for artic conditions

Jack-up (TPG 500) concept studies in central North Sea

Spar pre-FEED studies

Platform de-commissioning studies

In addition to being Norway's leading SURF contractor, Technip Oslo also has a concept development team for non-SURF projects. Through this team the technologies and experience of the entire Technip group are made available to clients located in Norway. Facilities studies have included:

Through a cooperation with other Technip units Technip Oslo offer full EPC services for floaters and jack-ups on the NSC.