First GTL contract for Technip-Coflexip

The Petroleum Oil and Gas Corporation of South Africa (Pty) Ltd (Petro SA),on behalf of a joint venture between Mossgas and Statoil, has awarded Technip-Coflexip an engineering and services contract for the implementation of a semi-commercial unit based on Statoil’s low temperature Fischer Tropsch technology. The plant, with a nominal capacity of 1000 barrels per day, will be based at Mossel Bay in the Republic of South Africa. The expected start-up date is end of 2003. Technip-Coflexip will carry out detail engineering as well as
procurement services and supervision of construction. This project will be performed by the engineering centre of Technip-Coflexip based in Rome, in association with Technip-Coflexip’s new affiliate to be created in South Africa with a local partner. This contract is the first breakthrough of Technip-Coflexip on the emerging market of gas-to-liquids
(GTL) facilities for which several large-scale projects are currently being developed.

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