Liberal Repercussion

In early 2001, TSKJ successfully won the Project Specification for the NLNGPlus Project in an international competitive tender process. This work was completed in November 2001.

NLNG shareholders are Nigerian National Petroleum Company (49%) and subsidiaries of Royal Dutch/Shell (25.6%), TotalFinaElf (15%) and Agip (10.4%).

With a workforce of about 18,000 and annual revenues of about 5 billion euros, TECHNIP-COFLEXIP ranks among the top five in the field of oil and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York and in Paris (EURONEXT: 13170). The main engineering and business centers of Technip-Coflexip are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the United States, Brazil, Abu-Dhabi, China, India, Malaysia and Australia. The Group has high-quality industrial and construction facilities in France, Brazil, the UK, the USA, and Finland as well as a world class fleet of offshore construction vessels. Technip-Coflexip's web-site is accessible at: http://www.technip-coflexip.com .

Snamprogetti, a company of the ENI Group, is an international technology- orientated engineering and main contracting company, active in the fields of oil and gas processing production, refining, natural gas treatment and monetization, fertilizer and petrochemical plants, onshore and offshore pipeline systems, infrastructure, power and environment plants. Based in San Donato Milanese, Milan, Snamprogetti has major subsidiaries in Italy and in the United Kingdom as well as several offices worldwide. Staffed by 3,300 employees, the company has had an average turnover of over 1,500 million US dollar in the last five years. Snamprogetti's website can be accessed at http://www.snamprogetti.it/ .

posted by Rei Toei @ 5:04 p.m.