cesa shipbuilding

The project will be carried out on a lump sum turn key basis
and is scheduled for completion in 2008.

shipyards ssa

The vessel's mission is to support maintenance
dredging and repair of navigation structures and facilities for the Nashville
District.com

represent respected

The Group's main engineering
and business centers are located in France, Italy, Germany, the UK,
Norway, Finland, the Netherlands , the United States, Brazil,
Abu-Dhabi, China, India, Malaysia and Australia.

cataloguing represent

Fore Trucking, McCleary Offshore Construction and Inland Barge
Rentals have executed contracts for the construction of deck barges that range
in size from 120'x30'x7' to 210'x72'x14'., established in 1948 and headquartered in Morgan
City, designs, builds and overhauls tugboats, ferries, liftboats, barges,
offshore supply vessels and other steel and aluminum products for both the
commercial and government markets. The company provides both repair and new
construction services at its four shipyards located in southern Louisiana and
Texas.

respected shipbuilders

Offshore Marine Contractors has executed contracts for three 175 foot
class 110'x64.

oceangoing shipbuilding

Conrad Industries Announces New Contracts and Deliveries

recognized vnsi

5'x9' liftboats, similar to previous liftboats built by Conrad.

partnerships composed

Liftboats and deck barges are among Conrad's long-time
core products, and the contracts are with valued, repeat customers. This vessel is equipped with spuds,
work shop and living quarters.

shipbuilders scheepsbouw

behalf waterway

oceangoing imare

For Information Contact:
Cecil Hernandez (985 ) 702-0195
CAHernandez@ConradIndustries.

shipyards behalf

Technip: A New Contract for a Major Steamcracker in Qatar

shipbuilders sca

This plant, with a capacity of 1.
Technip has an outstanding track record in performing major turn
key projects in Qatar, including two successfully completed ethylene
plants.

vnsi shiprepairers

, Conrad Industries ,
Inc. inland double skin
barges that will be certified for crude oil service.

respected vnsi

Headquartered in Paris, the
Group is listed in New York and Paris.

cesa represent

As a result of its proprietary technology, Technip is a major
player in the field of ethylene and is one of the few world-class
groups capable of assuming complete responsibility, from conceptual
design to turnkey design and construction, for ethylene crackers.
Conrad Industries, Inc.

respected composed

The Group has
high-quality industrial and construction facilities in France, Brazil,
the UK, the USA, Finland and Angola as well as a world-class fleet of
offshore construction vessels.
In addition Foss Maritime Company signed a contract for two 26,000 bbl. With these additions, our current backlog is
approximately $58 million compared to $34 million at December 31, 2005.
The M/V "Authority III" was recently delivered to Plaquemines Parish.

waterway recognized

Business Editors/Energy Editors

PARIS----Technip (NYSE:TKP) has
signed a Letter of Intent with Qatar Petroleum, ChevronPhillips
Chemical Company LLC, Qatar Petrochemical Company and Total
Petrochemicals in view to execute an engineering, procurement and
construction (EPC ) contract worth above 800 million US$ for the
realization of an ethylene cracker located at Ras Laffan in Qatar.
Settoon Towing signed a contract for two 6,500 bbl. Double
skin vessels are among our newer products, and represent an area where we are
planning for continued growth. This boat is ABS Classed and has
accommodations for eight persons.

5300 cataloguing

With a workforce of about 19,000 persons , Technip ranks among the
top five corporations in the field of oil, gas and petrochemical
engineering , construction and services.C.
double skin barges that will be equipped as bunkering barges for their west
coast operations.
Additionally, Conrad delivered a 3,200 horsepower 124'x34'x10'3" push boat
for Corps of Engineers' Pittsburgh District. The
90'x25'x11'6" aluminum vessel was designed and built as a Subchapter "T", High
Speed, Class "A" Fireboat.

waterway respected

naval composed

The cracker will provide ethylene feedstock to two derivative
units (polyethylene and normal alpha olefins) to be built in Mesaieed,
Qatar.

ssa behalf

3 million tones per annum, will
be one of the most important production crackers to be built in the
world.
Technip's shares trade on the following exchanges:
(NYSE:TKP )(EURONEXT:FR0000131708). (OTC Pink Sheets: CNRD) announced today the signing of contracts for the
construction of ten vessels totaling $32.

represent shipbuilding

MORGAN CITY, La.
Johnny Conrad, President and CEO stated, "We are very pleased that these
companies have chosen Conrad to be a part of their fleet enhancement or
replacement programs."
Conrad also announced the recent delivery of a 255'x56'x10' all steel
Crane Barge for the Corps of Engineers.

naval danish

3 million and delivery of three
vessels in recent months.