Technip Liquefied Natural GasExperience

Murmansk Forum & Murmanskshelf Conference16th October, 2009

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Agenda

► TECHNIP today

► TECHNIP and LNG in short

► Shtokman project

► Shtokman LNG project specificities

► TECHNIP’s execution plan for Shtokman LNG

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Technip Today

Worldwide leader in engineering, project management and technologies, serving the oil & gas industry for more than 50 years► A regular workforce of 23,000 in 46 countries including Russia

► Industrial assets on 5 continents, a fleet of 19 vessels (end 2010)

► 2008 revenue: €7.5 billion

Subsea

Offshore

Onshore

A long term solid partner

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Technip and LNG in short

►We built the first ever LNG Plant, 45 years ago...

►We have been active ever since:

• In Nigeria (3 x 3 Mtpa and 3 x 4 Mtpa)

• In Qatar (6 x 7.8 Mtpa)

• In Yemen (2 x 3.4 Mtpa)

• In Russia ( 1 x 7.5 Mtpa)

• In Australia ( 3 x 3.7 Mtpa)

• In floating LNG ( Shell gFLNG : 1 x 3.5 Mtpa)

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Zoom on Qatar LNG Projects► Qatargas II (QP 70% & ExxonMobil 30%)

• 2 trains of 7.8 Mtpa LNG• EPC Contract signed Dec. 2004• Plant started on March 2009

► Qatargas III (QP 70% & ConocoPhillips 30%)

/ QatargasIV (QP 70% & Shell 30%)• 2 trains of 7.8 Mtpa LNG• EPC Contract signed Q1/2006

► RasGas III (QP 70% & ExxonMobil 30%)• 2 trains of 7.8 Mtpa LNG• EPC Contract signed Q3/2005• Plant started on August 2009

Qatargas II

Saudi Arabia

Qatar

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Zoom on Yemen’s First LNG Plant

► Client: Total, Yemen Gas & partners

► Capacity: 2 x 3.35 million tons/year

► EPC Contract Signed: Sep. 2005

► Start-up: ongoing now

Using its LNG expertise and supported by its presence in the Middle East, Technip and its partners have built Yemen’s first LNG plant on a remote site.

LNG plant in Yemen

Yemen LNG

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The SHTOKMAN Field

► Gas-Condensate Field

► Field reserves are estimated to be 3700 GSm³

► The gas reservoir covers a geographical area of approximately 1.400 km² and is approximately 48 km long by 35 km wide

► Gas production from the first development phaseis planned for an annual production of 23,7 billions Sm³, 71,1 billions Sm³ for the phase 2&3

►Located in the Russian sector of the Barents Sea, approximately 610 km North East of Murmansk

►Water depth at location is 340 m and the reservoir is 2.000 m below the mud line►The area can be covered in ice and is also known for its icebergs

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SHTOKMAN Phase I

► Characteristics of Phase I• Ice resistant and disconnectable Floating

Production Unit (FPU) in 340 m water depth, including hull, mooring, risers structure, accommodation (LQ for 350 persons max), process (Oil, gas, water as needed), water treatment, gas export facilities (compression and metering) and associated control systems.

• Subsea production system including 18 to 22 subsea wells

• Umbilicals, flow lines and risers

• Trunkline (2 x 36” pipeline)

• A LNG Plant

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SHTOKMAN LNG Project specificities► LARGE SIZE PROJECT:

• LNG Train similar to one Train of Qatar (7.5 million tons/year)• large size equipment, high bulk quantities

IN OUT

LNG Train Length: 687 meters

MCHE

HotSection

ColdSection

HotSection

ColdSection LP MR

Compressors

MP/HP MR CompressorsPropane

Compressors

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SHTOKMAN LNG Project specificities

► TECHNIP has realized the FEED and has taken into account the following Project specificities:

► ARCTIC SITE LOCATION: limited local infrastructures, polar night, snowstorm,…• Umbilicals, flow lines and risers• Limitation of Site Construction activities: Modularization concept • Specific design for personnel and equipment protection

► RUSSIAN ASPECTS:• Compliance with Russian norms and regulations• Russian content (design, procurement, construction)• Bilingual project

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Technip execution plan for Shtokman LNG

► JV with JGC

► Association with Russian Design Institutes

► Association with Russian Construction contractors

► Early screening and prequalification of maximum Russian eqpt suppliers to enhance local content

► Russified inquiries to promote local/Russian vendors

TECHNIP is committed to promote Murmansk region/Russian content