Technip Awarded Contract for a Sulfur Recovery Unit Modification in Bahrain

Technip Awarded Contract for a Sulfur Recovery Unit Modification in Bahrain

PARIS--(BUSINESS WIRE)-- Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded by the Bahrain Petroleum Company B.S.C. (Closed) - BAPCO, a lump-sum contract for the engineering, procurement, construction, pre-commissioning as well as commissioning and start-up assistance for the modification project of the #3 sulfur recovery unit (SRU) of the Bahrain refinery. The project will ensure that the #3 SRU is capable of safely burning sour water stripper⁽¹⁾ off gas and becomes a viable spare for the new #4 SRU.

Technip's operating center in Abu Dhabi, United Arab Emirates, will carry out the project which is scheduled for completion in the second half of 2014.

Vaseem Khan, Senior Vice President of Technip in the Middle East, stated: "We are pleased to have been awarded this project as it will strengthen our relationship with BAPCO, while ensuring continuity of our provision of quality services to this long-term client.Technip in the Middle East has a vast experience in managing complex brownfield EPC⁽²⁾projects and is therefore best suited to execute this contract, with an aggressive fast-track schedule regarding ready for start-up and commissioning phases."

____

⁽¹⁾ Sour water stripper: removal of H₂S and ammonia from sour water in order to reuse or dispose of it.

⁽²⁾ Engineering, procurement, construction.

°

° °

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 36,500 people are constantly offering the best solutions and most innovative technologies to meet the world's energy challenges.
Present in 48 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 NYSE Euronext Paris exchange and the USA over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY).

Websitehttp://www.technip.com

Public Relations
Christophe Bélorgeot Tel. +33 (0) 1 47 78 39 92
or
Floriane Lassalle-Massip Tel. +33 (0) 1 47 78 32 79
E-mail: press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart Tel. +33 (0) 1 47 78 66 74
E-mail: kstewart@technip.com
or
Chuan Wang Tel: +33 (0) 1 47 78 36 27
E-mail: chuwang@technip.com

KEYWORDS: Europe France Middle East

INDUSTRY KEYWORDS:

The article Technip Awarded Contract for a Sulfur Recovery Unit Modification in Bahrain originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.