Major contracts confirm Technip's leadership

Floating LNG

Engineering and technologies

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With a workforce of 40,000 around the world, we constantly offer the best solutions andmost innovative technologies to our clients to meet the world’s energy challenges.

We operate in three main businesses:

Offshore

In the Offshore business segmentTechnip performs engineering,procurement, construction,installation, commissioning and therefurbishment/upgrading of offshorefacilities for the oil and gas industry.

Technip provides these services forfixed platforms in shallow water withconventional sub-structures andself-installing platforms such as theTPG 500 and for deepwater facilitiesincluding Spar, semi-submersible, TLP,FPSO and FLNG units. Technip is aworld leader in floatover installationof topsides and its R&D effort isfocused technology transfer for localcontent and new frontier areas suchas ultra-deepwater and the Arctic.

Onshore

Technip covers the full range ofonshore facilities for the oil and gaschain, petrochemicals and otherenergy industries (nuclear, renewablesincluding biofuels and offshore wind).It holds many proprietary cutting-edge technologies and is the leader inthe design and construction of LNGand gas treatment plants as well asethylene, hydrogen and syngas units.

Technip is also one of the key actorsin refining and petrochemical units,and has developed a leadershipposition in the fertilizer industry.Moreover, the Group is very active innon-energy activities such as miningand metals, life sciences, buildings andinfrastructures.

Subsea

In subsea hydrocarbon development,Technip’s activities include the design,manufacture and installation of rigid andflexible subsea pipelines and umbilicals.Thanks to its portfolio of technologiesand industrial and operational assets,Technip offers a unique verticallyintegrated model in the industry.

The Group has 3 flexible pipemanufacturing plants, 4 umbilicalproduction units, 9 logistics and pipelineassembly bases, and 1 construction yard.Technip’s worldwide leadership issupported by a modern fleet of vesselsfor subsea construction, pipelaydevelopment (rigid and flexible pipesusing S-Lay, J-Lay or Reeled technology)and heavy lift applications.

Technip is a world leader in project management, engineering andconstruction for the energy industry.

Technip profile

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As one of the world’s longest standing providers of project servicesand technology to the LNG industry, we have long been active inseeking solutions to enable the development of offshore LNG

TECHNIP offers an organisation whosecombined resources, experience, technology,skills, and financial stability are second-to-none.

For an FLNG project development, Technip's primary ambition is to become maincontractor for the entire project fromconception to start-up.

Drawing on our experience in all componentareas, we are in a unique position to designand deliver floating LNG facilities.

Leadership in oil and gas navalarchitecture

We design and build complete offshore facilities in-houseor in partnership.

Leadership in project execution

Our EPC culture ensures the success of our projects fromconceptual and pre-FEED studies through to delivery andcommissioning.

We have solid references in working in consortium withmajor shipyards under EPC lump sum contracts.

A pioneer and leader in liquefaction

Technip has been a leader in LNG for 50 years, withexperience of all sizes of plant from peak shavers to themega-trains in Qatar. Technip has contributed significantlyto the state-of-the-art in LNG and maintains a portfolioof LNG technologies.

The world’s largest FPSO’s

Technip has delivered some of the world’s largest FPSO’swith integrated topside facilities of up to 37,000 tonnes.

Advanced technologies in cryogenictransfer

Technip offers a fully qualified LNG transfer system withcryogenic flexible as its central component.

World leader in subsea field development

Technip is historically the world leader of the subseamarket for the design, manufacture and installation ofsubsea flowlines, umbilicals and risers.

Floating LNG facilities

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Complete design flexibility

Building on the execution of theworld’s largest LNG facilities andoil FPSO’s, Technip has thecapability to manage the designand delivery of FLNG projects

A wide range of design options are available at conceptual stage:

Large production capacity: 1 to 6 MtpaOverall storage up to 400,000 m3

Mixed refrigerant or N2 expansion liquefaction processesModularised, safe and compact facilities Turret moored for weathervaning or spread-mooredStorm shut-ins / disconnectionsPrismatic (SPB) or highly partitioned membrane LNG tanksSide-by-side offloading or tandem configuration with cryogenic aerial flexible pipe

Agreement to strengthen FLNG collaboration

In December 2012, Shell and the Technip-Samsung Consortium signed anagreement to enhance collaboration on the design, engineering, procurement,construction and installation of future innovative FLNG solutions across a wide

range of opportunities in thefuture. For example, Shell’s FLNGLean technology would be ableto process additional gas andproduce more LNG, opening upnew business opportunities forcountries looking to developtheir gas resources.

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SHELL

Generic FLNG

On July 28, 2009, two contracts were signed in Paris with Shell:

a master agreement with a consortium comprising Technip and Samsung for the design, construction and installationof multiple floating liquefied natural gas (FLNG) facilities over a period of up to fifteen years.

a contract with the same consortium for the execution of the front end engineering and design (FEED) for Shell's3.6 Mtpa FLNG solution.

Prelude FLNG, Western Australia

On March 8, 2010 a contract was signed in Paris with Shell, covering the FEED elements specific to the Prelude project,taking into account the composition of the gas, local weather conditions and other site-specific factors.

On May 30, 2011, Shell gave notice to proceed with the detailed design and construction of Prelude, the first FLNGfacility in the world.

On June 29, 2012, Shell awarded Technip a large subsea installation contract, including management of key interfaces withthe hook-up and commissioning of the Prelude FLNG facility.

PETRONAS Award date: February 2011

Client: Petronas and MISC Berhad

Contractor: Technip, inconsortium with DSME

FEED contract for an FLNG unit,offshore Malaysia

Capacity: 1.2 Mtpa

EPC contract awarded inJune 2012

Keel laying in January 2013

FLNG is a true representation ofTechnip's technological differentiationthrough the integration of all our coreactivities: LNG process, offshorefacilities and subsea infrastructure

FLNG solutions have the potential to place gasliquefaction facilities directly over offshore gasfields, thereby precluding the need for longdistance pipelines and extensive onshoreinfrastructure. This innovative alternative to traditional onshoreLNG plants provides a commercially attractiveand environmentally friendly approach formonetisation of offshore gas fields.

Major FLNG contracts signed since 2009

These awards confirm Technip's position as the leading FLNG engineering contractor

Wave basin model tests - Scale:60 High efficiency offshore "reverse Brayton" type liquefaction process

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LNG

G

NG

Process schemes Improved processes have been developed by Technip’sprocess engineers to meet the requirements of the newcontext of Floating LNG, including:

Ideas for improving natural gas liquefaction Gas condensate stabilisation producing a rich gas fordirect liquefaction without LPG production Production of high purity N2 from the natural gas

Hull motionsThe design of topside equipment requires thecollaboration of an entire team of naval architects, piping,process and equipment engineers, critical equipmentsuppliers, installation specialists and engineers skilled inadvanced numerical modelling.

Accelerations are quantified and loads on mechanicalequipment checked with vendors.

The effects of hull motions on gas/liquid separation inprocess equipment are studied, when necessary, withprocess licensors and suppliers.

Addressing FLNG challenges

Technip has strong technical skills in many of the areascritical to FLNG. New tools and solutions have been developed or existingmethods adapted to meet the specific needs of FLNGvessels operating in harsh environments.

Sloshing in a horizontal drumequipped with baffles

Flare flame radiationvisualisation

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Experimental validation of models for cryogenic spill

Determination of flare structuretemperatures under the effect ofradiation

Naval architecture Naval Architects had to address several new challenges:

Sheer size - larger than any existing FPSO Harsh environmental conditionsWeathervaning systems suitable for the 10,000-yearstormLNG cryogenic transfer between two floating units inthe open sea Accommodating a wide range of LNG and LPG carriers

The development of the FLNG/TMS solution for ShellPrelude was enabled by combining Technip'smarine/MetOcean expertise with that of Shell, SBM andSamsung.

Design solutions are helped by a series of two tests:

Wind tunnel tests to derive wind and current loads onthe FLNG with and without an LNG carrier present.

Wave basin model tests with FLNG and LNG carrierscovering:

Mooring in harsh, category 5 cyclone conditionsDecay and motion response testsBerthing and mooring and the equipment requiredbetween the two vesselsThe loads generated when towing these large units

FLNG projects have an increased number of design andconstruction interfaces. To mitigate the risk from poormanagement, Technip has developed and is using aspecific Interface Management Tool - IMT, that allows fulltechnical and commercial alignment between multipleparties at each interface.

Interface management

Safety - Risks from cryogenic and hazardous fluidsThe challenge for the safe layout of an FLNG facility is thelarge process area required in a reduced footprint leadingto relatively high congestion and tall modules.

Our risk-based approach assesses potential consequencesand associated frequencies to derive appropriatesafeguards and mitigation measures. Among process risks(fire and explosion) and non-process risks (ship collision,dropped object, etc.), the hazards of personnel and assetexposure to cryogenic fluids are specific safety drivers.

As a prime example, the potential consequences ofcryogenic spillage on deck and hull structures are studiedto define the best counter measures.

The objective is to minimise the potential for escalationand promote safe escape. In the event of major accidents,the goal is evacuation and rescue of personnel whilemaintaining asset integrity.

FLNG flare radiation at deck level is potentially muchhigher than for conventional FPSO’s requiring the use ofstate-of-the-art modeling tools.

HEADQUARTERSTechnip89 avenue de la Grande Armée75773 Paris Cedex 16 France Phone: +33 (0)1 47 78 24 00Fax: +33 (0)1 47 78 33 40

CONTACTSParisJean-Marc LETOURNELPhone: +33 (0)1 47 78 35 42E-mail: jmletournel@technip.com

Philip HAGYARDPhone: +33 (0)1 47 78 27 17E-mail: phagyard@technip.com

Brian ROBERTSPhone: +33 (0)1 47 78 25 37E-mail: baroberts@technip.com

This document is the property of Technip and is not intended to be a binding contractual document. Any information contained herein shall not result in any binding obligation on the part of Technip, or any of its affiliates,and is provided for information purposes only. Technip - Group Communications - March 2014 Photo credits: Technip, ; page 3: Harry Gruyaert / Magnum Photos

www.technip.com