Technip was awarded a substantial(1) lump-sum contract by Exxon Mobil Corporation for the development of the Julia field. This field is located in the Walker Ridge area of the Gulf of Mexico, at a water depth of approximately 2,100 meters (7,200 feet).

The contract covers the project management, engineering, fabrication, installation and pre-commissioning of more than 48 kilometers of 10.75-inch outer diameter insulated flowlines(2), steel catenary risers(3) and flowline end terminations.

Technip's operating center in Houston, Texas, will perform the overall project management, with detailed flowline design being completed by Genesis, Technip's wholly-owned subsidiary.

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