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AFX News Limited / Forbes: Technip wins order from Shell to lay subsea pipes in Gulf of Mexico

03.28.07, 3:37 AM ET
 
PARIS (AFX) – Technip said it has won an order from Royal Dutch Shell to lay subsea pipes in the Ursa and Princess fields in the Gulf of Mexico.

The financial terms were not disclosed.

The installation is scheduled for the fourth quarter of this year, Technip stated.

The Ursa and Princess oil and gas fields are located 140 miles south-east of New Orleans.

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