Technip in $370m UAE gas deal
Paris, July 27, 2007
French oilfield services group Technip said on Friday it had won a gas facilities contract in the United Arab Emirates worth a total of around $370 million.
Technip and the National Petroleum Construction Company had been jointly awarded an engineering, procurement and construction contract for the Zakum gas processing facilities offshore at Abu Dhabi.
Technip said it would have a 35 percent share of this contract. - Reuters