Technip Awarded FEED Contract for New Gas Pipeline

Tipiel S.A., Technip’s subsidiary in Colombia, was awarded by the Consorcio Constructor Ductos del Sur, a front-end engineering design and detailed engineering design contract, on a lumpsum basis. This covers the development of a new gas pipeline to transport gas from the Camisea field to Southern Peru.

Launched by the Peruvian government, the project consists of more than 1,700 kilometers of 32" gas pipeline. It aims to improve the existing Peruvian Energy Network, contributing to the development of an Energy Node and Petrochemical Hub in Southern Peru.

The overall work will be performed by Tipiel’s offices in Bogota, Colombia.

Marco Villa, Technip’s Region B President, commented: “This awardreflectsthe importance to accompany the client since the very early stage of an initiative to help design an optimized project execution scheme.”

Riccardo Nicoletti, Tipiel General Manager, stated: "This contract, which is related to one of the most important projects for the development of energy infrastructure in Peru, serves our objective to make Tipiel a leading engineering company outside Colombia as well”. Contract value is under €50 million.