RNS Number : 6216W
Bateman Litwin N.V.
13 June 2008
Bateman Litwin awarded EUR75 million EPC contract by Gaz de France
Amsterdam, Netherlands, 13 June 2008 - Bateman Litwin N.V. ("Bateman Litwin") is pleased
to announce that its wholly-owned subsidiary
Litwin SA has been awarded, as part of a consortium, an engineering construction and
procurement ("EPC") contract for the re-development of
an underground gas storage facility, including gas compression and treatment, on behalf of Gaz
de France. The project is located in Beynes,
France and has a total contract value of EUR143 million, of which Bateman Litwin's share is
approximately EUR75 million.
The other consortium members are Boccard and Actemium. Boccard is an industrial equipment
manufacturer specialising in piping for
complex facilities. Vinci Energies, through its Actemium brand, designs and implements
solutions for modernising and improving the
capacities of industrial sites, encompassing electricity, data processing, instrumentation and
mechanical solutions. Bateman Litwin, Boccard
and Actemium have all previously worked for the Gaz de France Group on other projects.
The contract is part of a major investment program by Gaz de France, driven by EU
regulations, to restore, adapt and develop its natural
gas underground storage sites. Gaz de France operates 12 natural gas storage sites in France
and the Beynes site was the first in operation
in 1956. The new facility should be completed by April 2011.
Max Abitbol, Chief Executive Officer of Litwin, said: "We are very proud to be part of the
consortium selected by Gaz de France for the
rebuilding of this important gas infrastructure in the Ile de France. This project further
strengthens our relationship with the Gaz de
France Group."
Notes to editors:
About Gaz de France
The Gaz de France Group is a major European energy utility: it produces, purchases,
transports, distributes and sells natural gas,
electricity and related services for its 14.7 million customers in Europe (residential,
corporate and local authorities). It is also a major
infrastructure manager with the second largest gas storage capacity in Europe. Gaz de France
employs approximately 50,000 people and
reported a 2007 group turnover of EUR27 billion. Listed on the Paris Stock Exchange, Gaz de
France is part of the CAC 40 and Dow Jones Stoxx
600 indices. For more information, please visit www.gazdefrance.com
About Boccard
Boccard, a French company, is a major player in the implementation of innovative and
efficient industrial facilities. It employs over
3,000 people worldwide. For more information, please visit www.boccard.com
About Actemium
Actemium is the European network of Vinci Energies which specialises in industrial
process. Vinci Energies' companies are competent in
electric engineering, automation and industrial data processing, instrumentation and
mechanical equipment. Located near to their customer
sites, either dynamic or independent, Actemium companies (100 companies - 5,500 employees -
EUR600 million turnover) share their competences
and resources for the best solution and the optimisation of the production tool.
For more information, please visit www.actemium.com
About Litwin
Litwin is a French engineering company specialising in the management of turnkey EPC
projects for the oil, gas, chemical products,
industry, energy and environment sectors. Litwin is a subsidiary of the Bateman Litwin Group.For more information, please visit
www.litwin.fr
About Bateman Litwin N.V.
Bateman Litwin N.V. is a mid-sized Oil, Gas, Power and Renewable Energy EPC (engineering
procurement and construction) contractor and a
proprietary technology provider in the Renewable Energy and the Phosphate and Solvent
Extraction dependent industries. It is developing its
reputation by combining its world class EPC skills with its leading technology expertise. To
find out more, visit Bateman Litwin at:
www.bateman-litwin.com
Enquiries:
Bateman Litwin
Shuki Raz, Chief Executive Officer Tel: +31 (0)20 5640
491
David Lamont, Designate Chief Executive Officer Tel: +44 (0)20 7484 8761
Eyal Cohen, Chief Financial Officer Tel: +31 (0)63 4659
348
Ingrid Boon, Investor Relations Manager Tel: +44 (0)20 7484 8762
Corinne Collain, Litwin Communications Manager Tel: +33(0)1 72 25 50 94
This information is provided by RNS
The company news service from the London Stock Exchange
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