Technip has been awarded an engineering, procurement, construction management (EPCM) contract by Petroleos de Venezuela S.A. (PDVSA) for the Mariscal Sucre Dragon/Patao development, offshore the North-east coast of Venezuela.

The Mariscal Sucre Dragon and Patao fields are located around 25 miles North of Paria peninsula, state of Sucre, Venezuela, at a water depth of 328-427 feet (100 to 130 meters). They are the first offshore gas development in Venezuela.

The contract covers:

•project management and construction management for the Dragon platform and subsea system fabrication, transportation and installation, •detail engineering for the platform and subsea tieback to the Dragon field. The platform will be installed in approximately 427 feet (130 meters) of water depth, •procurement of long lead equipment and procurement services for the platform. Technip France has signed this contract that will be executed with the Group's North America's engineering center and Technip's Venezuelan affiliate: Estudios y Projectos Ditech, S.A.

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