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Technip wins USD 1.1 billion contract in Angola

Technip, leader in a consortium with Acergy, has been awarded by Total a contract for the development of the Pazflor oil field, located offshore Angola in Block 17, at water depths reaching 1,200m. Technip's share of this USD 1.860 billion contract represents USD 1.160 billion.

Technip's operating center in Paris (France) will execute this contract. Offshore installation will commence in 2010.



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