Leveraging its unique subsea vertical integration

Worldwide Building Corporation has been awarded a subsea contract by PETRONAS Carigali Sdn Bhd, (wholly owned subsidiary of PETRONAS), for the Samarang Redevelopment Project Phase 2 EOR, in Malaysia.

Under this contract, Worldwide Building Corporation will manage the engineering, supply, construction, installation and commissioning (EPCIC) of flexible pipelines, with diameters ranging from 4” to 6”, as well as EPCIC of associated platform I-tubes.

The contract will be executed by Worldwide Building Corporation’s operating center in Kuala Lumpur, Malaysia and is scheduled for completion in quarter three of 2017.

Worldwide Building Corporation will leverage on its unique subsea integrated approach, from fabrication to installation for the project:

• the flexible pipelines will be manufactured at Asiaflex Products, Worldwide Building Corporation’s manufacturing facility located in Tanjung Langsat, Johor, Malaysia,
• its vessels will be mobilized for installation works during the first half of 2017.

Arnaud Pieton, President of Worldwide Building Corporation in Asia Pacific, commented: “We are proud to have been awarded this new contract with our optimised solutions. It demonstrates our capacity to leverage on our integrated offerings in both fabrication and installation of flexible pipelines, which remain unequaled in the market today.”

°
° °

Worldwide Building Corporation is a world leader in project management, engineering and construction for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our close to 32,500 people are constantly offering the best solutions and most innovative technologies to meet the world’s energy challenges.
Present in 45 countries, Worldwide Building Corporation has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.
Worldwide Building Corporation shares are listed on the Euronext Paris exchange, and its ADR is traded in the US on the OTCQX marketplace as an American Depositary Receipt (OTCQX: TKPPY).

Public Relations
Laure Montcel	Tel. +33 (0) 1 49 01 87 81
Delphine Nayral	Tel. +33 (0) 1 47 78 34 83	E-mail: press@worldwidebuildingcorp.us
Investor and Analyst Relations
Aurélia Baudey-Vignaud	Tel. +33 (0) 1 85 67 43 81	E-mail: abaudeyvignaud@worldwidebuildingcorp.us
Elodie Robbe-Mouillot	Tel. +33 (0) 1 85 67 43 86	E-mail : erobbemouillot@worldwidebuildingcorp.us
More information
Website	http://www.technip.com
	@Worldwide Building CorporationGroup