Technip Awarded Contract by NCRA for a Hydrogen Plant in Kansas (USA)

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY), in consortium with its construction partner Performance Contractors Inc., was awarded a contract by the National Cooperative Refinery Association (NCRA⁽¹⁾). This contract covers supply of Technip’s proprietary reforming technology, as well as EPCI⁽²⁾ of the No. 2 hydrogen plant equipment at NCRA’s refinery in McPherson, Kansas. The 40 million standard cubic feet per day (45 thousand normal cubic meters per hour) plant is part of an expansion project which will allow NCRA to upgrade this refinery.

The project will utilize Technip's high efficiency top-fired steam reformer to produce high purity hydrogen and export steam and the latest nitrogen oxide reduction technology to ensure minimum emissions. The contract covers engineering, fabrication, supply, installation, pre-commissioning and start-up assistance.

Technip’s operating center in Claremont, California, will execute the project, which is scheduled for completion by the first semester of 2015.

Stan Knez, Technip’s Senior Vice President, Process Technology, commented: "We are pleased to have been awarded this project, which is our third for NCRA at this site. Previously, we provided a 34 million standard cubic foot per day hydrogen plant and subsequently, executed an expansion project on the same plant. This experience has given us a strong foundation upon which we will provide our technology and services for this important upgrade project.”

____

⁽¹⁾ NCRA is an inter-regional cooperative engaged in crude oil acquisition, transportation, refining, and product distribution. The organization was formed in 1943 by regional farm supply cooperatives. Products from its 85,000 barrel-per day refinery are purchased by the farm supply cooperatives and distributed throughout the North Central United States.

⁽²⁾ EPCI: engineering, procurement, construction and installation.

°

° °

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 38,000 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 traded in the USA on the OTCQX marketplace (OTCQX: TKPPY).