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Spiecapag (VINCI Group) Wins A Gas Pipeline-laying Contract for the Trans Adriatic Pipeline Project - Trans Adriatic Pipeline AG(*) has awarded Spiecapag the Engineering Procurement Construction (EPC) of three lots of onshore gas pipelines - TAP-AG.com / Entrepose.fr
Spiecapag (VINCI Group) Wins A Gas Pipeline-laying Contract for the Trans Adriatic Pipeline Project

 

PRZOOM - /newswire/ - Rueil-Malmaison, Hauts-de-Seine, France, 2016/03/11 - Trans Adriatic Pipeline AG(*) has awarded Spiecapag the Engineering Procurement Construction (EPC) of three lots of onshore gas pipelines - TAP-AG.com / Entrepose.fr. CAC 40; Euronext 100

   
 
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Trans Adriatic Pipeline AG(*) has awarded Spiecapag, a subsidiary of Entrepose (VINCI Group), the Engineering Procurement Construction (EPC) of three lots of onshore gas pipelines as part of the TAP (Trans-Adriatic Pipeline) project: one lot represents 185 km in Greece - between Kipoi and Kavala - and two lots are totalling 215 km in Albania, between Bilisht and Topoje.

With a total length of 878 km, TAP will connect to the Trans Anatolian Pipeline (TANAP) (tap-ag.com) at the Greek- Turkish border, will cross Greece, Albania and the Adriatic Sea and connect to the Italian gas network. Once completed, the TAP project will transport gas from the Shah Deniz II gas field in Azerbaijan into Europe.

"We have begun mobilisation of our teams to allow work to start in mid-2016. We are proud to bring our customer our expertise and added value in gas pipeline construction, whatever the environment, and as always to contribute to the development of the communities where we will be working during the project," said Jean-Claude Van de Wiele, Managing Director of Spiecapag.

With over 90 years of experience, Spiecapag is a world leader in the field of oil and gas pipelines and associated systems. In particular, it signed the prestigious PNG LNG project in Papua New Guinea, which was completed in 2014, and the Incahuasi project in Bolivia, where teams finished operations at the end of 2015. The company is a member of the Entrepose Group, an international contractor that designs, builds and operates production, transport and storage infrastructures for the oil & gas and other energy markets, in the onshore, offshore and underground fields.

(*)the international company responsible for the construction of the gas pipeline transporting Shah Deniz II gas via Greece, Albania, the Adriatic Sea and into Italy. The TAP shareholders are BP (20%), SOCAR (20%), SNAM S.p.A. (20%), FLUXYS (19%), ENAGAS (16%) and AXPO (5%).

About Entrepose
Entrepose Group (entrepose.fr), VINCI Construction’s subsidiaries is an international contractor that designs, builds and operates production, transport and storage infrastructures for the oil & gas and other energy markets.

The Group carries out onshore, offshore and underground projects:
• EPC projects for onshore and offshore industrial plants.
• Installation of onshore and offshore pipelines.
• Drilling of oil and gas, geothermal and water wells.
• Development and operation of underground storage facilities.

About VINCI
VINCI (vinci.com) is a global player in concessions and construction, employing more than 185,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities.

 
 
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Spiecapag (VINCI Group) Wins A Gas Pipeline-laying Contract for the Trans Adriatic Pipeline Project

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Trans Adriatic Pipeline | Entrepose Group
Contact: Paul-Alexis Bouquet - VINCI.com 
paul-alexis.bouquet[.]vinci.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any VINCI securities in any jurisdiction including any other companies listed or named in this release.

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