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Technip, a World Leader in Oil and Gas Engineering 2 Contents Technip, a world leader in oil and gas engineering 2 Contents I. Technip in brief II. Business segments III. Major ongoing projects 3 I. Technip in brief 1. Overview 2. A global network 3. Commercial successes on strategic markets 4. Technip and the Sustainable Development 4 1. Overview ► 50 years experience : 1958 - 2008 ► A world leader in oil and gas engineering, Technip designs and constructs, subsea, offshore and onshore installations ► 22,000 employees worldwide ► Present in close to 50 countries ► Industrial assets on all continents ► The Technip share is listed on the EuronextTM, Paris Technip’s headquarters in Paris’ La Défense business district 5 2. A global network 6 3.1 Commercial successes on strategic markets 1 The rise of natural gas ► Three huge contracts for Liquefied Natural Gas units (LNG) in Qatar ► A first LNG plant in Yemen ► A contract for a LNG reception terminal in Freeport, Texas (USA) ► Two major contracts for a gas treatment unit in Saudi Arabia 7 3.2 Commercial successes on strategic markets 2 Numerous offshore contracts ► Deep water field developments • Agbami in Nigeria • Roncador in Brazil • Ticonderoga in the Gulf of Mexico • Kikeh in Malaysia • Greater Gorgon, Stybarrow and Vincent in Australia ► A Spar platform • Perdido in the Gulf of Mexico ► A Floating Production, Storage and Offloading unit (FPSO) • Akpo in Nigeria 8 3.3 Commercial successes on strategic markets 3 The petrochemical boom ► The world’s largest ethylene plant, located in Saudi Arabia ► A major petrochemical complex in Saudi Arabia ► Two ethylene units in Kuwait and Thailand ► Two polypropylene units in China, the modernization and expansion of three ethylene units in Russia ► A diesel fuel hydrodesulphurization unit and a hydrogen unit in Poland 9 3.4 Commercial successes on strategic markets 4 Challenges in refining ► Two major contracts for the treatment of extra-heavy crude in Canada ► The design and construction of the first refinery in Vietnam ► A new hydro treatment unit for a refinery in the US Virgin Islands ► A project management contract for the refinery in Jubaïl, Saudi Arabia ► The extension of a refinery in Colombia 10 4. Technip and the Sustainable Development ► Sustainable development performance recognized by the Dow Jones Sustainability Index (DJSI*) ► 6th consecutive selection in 2007/2008 for DJSI indices : • DJSI World Index (318 companies covering 57 sectors of activity) • European DJSI STOXX Index ► Leader within the DJSI oil equipment and services industry sector, with the best economic, social and environmental performances ► During the execution of each of its projects, Technip strives for the highest level of performance in all areas of sustainable development: workplace safety, protection of the environment, social relations, initiatives in favor of local communities ► Technip has set ambitious goals in terms of corporate governance, integrity and transparency as well the creation of shareholder value over the long term *The DJSI (Dow Jones Sustainability Index), first introduced in 1991 is one of the most widely recognized international benchmarks for assessing a company's sustainable development performance. 11 II. Business segments 1. Subsea 2. Offshore 3. Onshore 12 Technip is active in three segments of activity SUBSEA ONSHORE OFFSHORE ► Subsea pipes to connect ► Treatment and liquefaction of ► Floating platforms: Spar, wellheads, located at water natural gas semi-submersibles, FPSO depths of more than 2,000 m, ► Fixed platforms: TPG 500, between each other and to ► Refining and treatment of Unideck ® treatment units on the surface heavy crudes ► Assets: 3 construction yards ► Assets: 2 flexible pipe ► Hydrogen in Finland, Azerbaijan and production plants, 3 umbilical ► Petrochemicals Nigeria production plants, 5 spoolbases, a fleet of 19 ► Renewable energies ► Important investment in subsea pipe-lay and ► Life sciences Research and Development construction vessels, among which 3 are under construction ► Metals and mining ► Confirmed leadership in float- over installations ► Buildings and infrastructures 13 1. Subsea 14 Architecture of a subsea oil field Floating Production, Storage and Offloading unit Export Bouy Riser* Flowline* Distance seabed- surface : Manifold up to 2,500 m Well Heads Umbilical* *These elements are supplied by Technip 15 Two flexible pipe manufacturing plants in France and Brazil ► Annual production capacity of the two plants: 700 km of flexible pipes ► Technical characteristics of flexible pipe : • Interior diameter: from 1 to 19 inches (2.5 to 48 cm) • Pressure: up to 1,000 bars (1 ton per cm2) Le Trait, France Vitória, Brazil16 Three umbilical manufacturing plants Newcastle, United Kingdom Houston (Texas), USA Lobito, Angola ► Umbilicals are a bundling of hydraulic pipes, electric and fiber optic cables ► They permit the remote control of subsea robots Umbilical being loaded into a basket 17 Five spoolbases Mobile (USA) Evanton (United-Kingdom) Dande (Angola) Barra de Riacho (Brazil) Orkanger (Norway) 18 A fleet of 19 vessels by 2010 Current fleet: 16 vessels 3 new ships New diving support vessel, 50% owned (delivery in 2008) Deep Blue Deep Pioneer Sunrise 2000 Venturer New Brazilian deepwater pipelay vessel (delivery in 2009) Constructor Seamec Princess Apache Orelia New deepwater pipelay vessel (delivery in 2010) Wellservicer Skandi Achiever Normand Pioneer Seamec 2 Seamec 3 Geoholm Alliance Seamec 1 19 Deep Blue, flagship of the Technip fleet ► The largest deep sea underwater pipe lay and construction vessel, capable of installing flexible pipe at depths down to 2,500 m ► Characteristics • Dimensions: 206 m long and 32 m wide • Transport capacity: up to 10,000 tons of rigid and flexible pipe • Maximum pipe lay speed: 32 m per minute • 140-member crew 20 2. Offshore 21 A platform for every water depth TPG 500 Unideck Semi-submersible Spar EDP FPSO 22 Shallow water platforms ► TPG 500 • Proprietary Technip concept • Self-installing fixed platform • The most recent was installed in April 2006 in the BP-operated Shah Deniz field in the Caspian Sea, off the coast of Azerbaijan ► Unideck • Technip-patented platform • Reduced installation time: all of the units installed in single operation onto the hull structure which is already in place • This installation method was used on Total’s Amenam development in October 2006 23 Deep water platforms ► SPAR • Most frequently used platform in the Gulf of Mexico • Water depths can exceed 2,000 m • Technip should install its 14th Spar in mid-2008 ► SEMI-SUBMERSIBLE • Semi-submersible platform • Technip is designing three semi-submersibles for Petrobras in Brazil: P51, P52 and P-56 ► FPSO • Floating Production Storage and Off-loading Unit • Technip has delivered the Dalia (Angola) FPSO – Production: 240,000 barrels/day of crude oil – Storage : 2 million barrels • Technip is currently building the Akpo (Nigeria) FPSO 24 Three generations of Spar platforms CLASSIC TREILLIS TUBULAR TREILLIS Technip, and its partner Kerr-McGee (Anadarko), received the “Distinguished Achievement Award” at the “Offshore Technology Conference” 2005 for the design of three successive generations of Spar platforms in 10 years. 25 3. Onshore 26 The Onshore segment comprises the following activities (1): ► Treatment and liquefaction of natural gas Technip is designing and building the six largest LNG trains in the world ► Refining Over nearly 50 years, Technip has built 28 new refineries and expanded more than 200 existing units ► Hydrogen With a market share of close to 40% of the world’s installed capacity, Technip is the leader in hydrogen production units and technology ► Ethylene Technip is designing and building the world’s largest ethylene steam crackers (Saudi Arabia, Qatar, Kuwait) 27 The Onshore segment comprises the following activities (2) : ► Biofuels Technip is present on the replacement fuel market. 75% of the biodiesel production units in France were designed and built by Technip ► Life sciences Technip executes major international projects including a vaccine production plant in Thailand and a cosmetics plant in China ► Buildings and infrastructures In partnership with major architectural firms, Technip executes many types construction projects including: embassies, courthouses, universities, concert halls, railway and airport infrastructures. ► Metals and mining Technip designs and builds extraction and treatment plants for the metals and mining sector 28 Liquefied Natural Gas (LNG) ► Technip is currently executing several LNG mega-projects which are the industry’s largest in terms of size and investment ► The overall production capacity of all of the LNG units currently under construction by Technip in Yemen, Nigeria and Qatar will be close to 58 million tons of LNG per year – equal to 40% of the world’s current LNG production capacity Yemen LNG project, Yemen NLNG project, Nigeria Qatargas project, Qatar 29 Refining and heavy crude treatment ► In 50 years, Technip has engineered and built about 30 new refineries and expanded more than 200 existing units ► In the last few years Technip has built units that can treat extra-heavy crude (“upgrading”) Dung Quat • Tar sands in Athabasca (Canada) refinery, • Orinoco heavy crude (Venezuela) Vietnam Sincor upgrader, Mesaieed refinery, Midor refinery, Gonfreville Venezuela Qatar Egypte refinery, France 30 Hydrogen ► With a market share of nearly 40%, Technip is the world leader in hydrogen plant engineering and technologies ► Technip has built more than 220 hydrogen plants throughout the world
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