Technip-Coflexip has been awarded by Pioneer Natural Resources USA, Inc. (a subsidiary of Pioneer Natural Resources Company) and Mariner Energy, Inc., an EPCI contract, valued in excess of $35 million, for the design, procurement, commissioning and installation of a pipeline system comprising 32 mi. (51.5 km) of 10-in. (25 cm) rigid pipe and hydraulic control umbilical between two subsea wells and the new Falcon’s Nest Platform, in the Gulf of Mexico.

The Falcon field is located in East Breaks Blocks 573 and 623, in water depths of 389-3,475 ft. (118.5-1,059 m).

The umbilicals will be fabricated by Technip-Coflexip at its DUCO manufacturing plant in Houston. Installation of the rigid pipe and the umbilicals will be completed by the CSO Deep Blue, the Group’s new ultra deepwater pipelay and construction vessel in the fourth quarter of 2002.

Tim Sheehan, vice president Gulf of Mexico, of the Technip-Coflexip’s Offshore Branch stated: "This is an important project for Technip-Coflexip, it allows us to build on our EPIC capabilities in the Gulf of Mexico and develop a relationship with two key operators for this region."

Svein Eggen, president and CEO, Gulf of Mexico, Atlantic Region of the group’s Offshore Branch said, "The Falcon project is clear demonstration of the unique capabilities of the CSO Deep Blue, which further strengthens its commitment to the Gulf of Mexico."

With a workforce of approximately 18,000 and annual revenues of about 5 billion euros, Technip-Coflexip ranks among the top five in the field of oil and petrochemical engineering, construction and services. Headquartered in Paris, the group is listed in New York and in Paris. The main engineering and business centers of Technip-Coflexip are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the United States, Brazil, Abu-Dhabi, China, India, Malaysia and Australia. The group has high-quality industrial and construction facilities in France, Brazil, the UK, the USA and Finland as well as a world class fleet of offshore construction vessels.

For more information, visit www.technip-coflexip.com

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