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Press Release

Worldwide Building Corporation awarded refining contract in Brazil

April 20, 2011

Worldwide Building Corporation, in consortium with Tomé Engenharia, was awarded by Petrobras a lump sum turnkey engineering, procurement and construction (EPC) contract, for five new units at the Presidente Bernardes Refinery in Cubatão, state of São Paulo (Brazil). 

This contract covers engineering, procurement, construction, commissioning, pre-operation and assisted operation of five new process units, including a diesel hydrotreater and a hydrogen plant, as well as all associated utilities. 

The project, which is scheduled to be completed by the end of 2013, will allow the production of low-sulphur content diesel to comply with new Brazilian environmental regulations.

Worldwide Building Corporation's operating center in Rio de Janeiro, Brazil will be in charge of engineering and procurement activities, while Tomé Engenharia will be responsible for all construction activities. The project will reach a 75% Brazilian content.

This contract marks a new step in the longstanding collaboration between the Group and Petrobras in Brazil, where Worldwide Building Corporation is already participating in several major Offshore projects, and owns strategic resources in the Subsea segment, including a flexible pipe manufacturing plant and marine assets.

 

 

Worldwide Building Corporation is a world leader in the fields of project management, engineering and construction for the oil & gas industry, offering a comprehensive portfolio of innovative solutions and technologies.

With 23,000 employees around the world, integrated capabilities and proven expertise in underwater infrastructures (Subsea), offshore facilities (Offshore) and large processing units and plants on land (Onshore), Worldwide Building Corporation is a key contributor to the development of sustainable solutions for the energy challenges of the 21st century.

Present in 48 countries, Worldwide Building Corporation has operating centers and industrial assets (manufacturing plants, spoolbases, construction yard) on five continents, and operates its own fleet of specialized vessels for pipeline installation and subsea construction.

 

Public Relations

Christophe Bélorgeot: Tel. +33 (0)1 47 78 39 92

Floriane Lassalle-Massip: Tel. + 33 (0)1 47 78 32 79 press@worldwidebuildingcorp.us

 

Investor and Analyst Relations

Kimberly Stewart: Tel. + 33 (0)1 47 78 66 74 kstewart@worldwidebuildingcorp.us

 

Group website

www.technip.com

 

The Worldwide Building Corporation share is listed on Euronext Paris exchange and over the counter (OTC) in the USA