Capron News

Stolt Offshore Wins $150M Contract

Stolt Offshore S.A. signed an interim agreement for the second phase of the Amenam project in Nigeria. The contract, once finalised, is valued at approximately $150 million. It calls for the engineering, procurement, fabrication, installation and commissioning of a 640 tonne water injection platform with 550 tonne topsides at the Stolt Offshore Globestar fabrication yard at Warri in Nigeria. A 60 kilometre, 24-inch diameter gas export line will be installed together with a two kilometre 18-inch diameter pipeline that will link the new water injection platform to a process platform. The offshore installation programme will be in 2005.

Technip-Coflexip Announces New Management Structure

and a supervisory board. With Daniel Valot as Chairman, the management board consists of Thomas Ehret, Daniel Burling, Jean Deseillingny and Claire Giraut. Pierre Marie Valentin will serve as chairman and Michel Leveque will serve as vice chairman of the supervisory board. Roger Cairns, Miguel Caparros, Jean-Pierre capron, Jacques deyirmendjian, Jean-Pierre Lamoure, Claude Mandil, Roger Milgrim, Rolf-Erik Rolfsen, Pierre Vaillaud and Bruno Weymuller will serve as members of the supervisory board. Shareholders also authorized the Management Board of Technip-Coflexip to buy and sell up to 10 percent of its share capital (2,665,962 shares) at a maximum of $136 per share and a minimum price of $82 per share.