The combination of the capabilities of Technip and Subsea 7 in the region will enable the newly formed joint venture to better serve its clients, especially for their larger and more demanding projects.

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The definitive agreements will be subject to clearances of all relevant regulatory authorities .com

Marina Toncelli Public Relations Technip

Tel: + 33 (0) 1 47 78 66 69

E-mail: mtoncelli@technip.E.

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The joint venture shall have exclusive and operational control of two vessels : the Technip's Venturer and the Subsea 7's Rockwater 2, which will remain in the region to perform and support the EPCIM projects in the Asia Pacific region.com

Pat Stephen Public Relations Subsea 7

Tel : +44 (0) 1224 344603

E-mail: pat.com

Subsea 7's website is accessible at http://www. When
the ESPN STAR Sports joint venture was formed in November 1996, he assumed the
role of General Counsel and Senior Vice President.
ESPN STAR Sports Managing Director Rik Dovey paid tribute to Rona's time
with the company saying, ''Barry contributed to real experience , insight and
initiative from the very outset of ESPN STAR Sports which has been invaluable
throughout our first nine years. He has held senior appointments at General Electric in
the United States and was also engaged in private law practice with
international firms in New York, Pittsburgh and Tokyo . He brings with him a keen understanding of the
industry and its issues and will play a vital role in taking our business to
the next stage of growth. On-line,
espnstar.

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Under the terms of the Memorandum of Understanding, Technip and Subsea 7 will bid for and carry out all EPCIM (engineering , procurement, construction, installation, commissioning and/or maintenance) contracts for the subsea production and transportation of oil and gas within the Asia Pacific region, including the supply of flexible pipe via the Technip/Subsea 7 joint venture.

About Subsea 7:

With a workforce in excess of 3000 people worldwide, Subsea 7 is one of the world's leading subsea engineering and construction contractors.ridley@subsea7. 23 /Xinhua-PRNewswire/ -- ESPN STAR Sports, Asia's number
one sports broadcaster today announced a new appointment to its management
team, with Shawn Galey taking on the role of Senior Vice President, Legal and
Business Affairs effective March 2005.com.
This multilingual , online platform which is closely integrated with ESPN and
STAR Sports on air networks, has established the sites as the number one on-
line sports destination in their respective markets.com

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The Group's main engineering and business centers are located in France, Italy, Germany, the UK, Norway , Finland, the Netherlands, the USA, Brazil, Abu-Dhabi, China, India, Malaysia and Australia.technip . We thank him for everything and wish him the
best.tw interact with millions of
users providing them with in-depth sports news, results and competitions.com

Cheryl Sim, ESPN STAR Sports
Tel: +65-6488-6134
Email: simc@espnstar.

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About Technip:

With a workforce of about 20,000 people, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. In support of its activities, the Group manufactures flexible pipes and umbilicals, and builds offshore platforms in its manufacturing plants and fabrication yards in France, Brazil, the UK, the USA, Finland and Angola, and has a fleet of specialized vessels for pipeline installation and subsea construction.

ESPN STAR Sports is a 50:50 joint venture between two of the world's
leading cable and satellite broadcasters, ESPN Inc.

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PRESS RELEASE TECHNIP and Subsea 7 sign a memorandum of understanding to form a permanent joint venture in Asia pacific

Headquartered in Paris, the Group is listed in New York and Paris. Subsea 7 has more than 100 remotely operated vehicles (ROVs), five pipeline construction yards and a fleet of modern, high specification dynamically positioned ships capable of deepwater reeled and flexible pipelay, deepwater subsea construction and saturation diving.

For further information, please contact:

Laurence Bricq Public Relations Technip

Tel: + 33 (0) 1 47 78 26 37

E-mail: lbricq@technip.com

Technip's website is accessible at http://www.subsea7.com

Technip's shares trade on the following exchanges:

TKP LISTED NYSE

EURONEXT ISIN FR 0000131708

This information is provided by CompanynewsGroup

On the ground, the ESPN STAR Sports Event
Management Group manages and promotes premier sporting events around Asia,
including the Asian X Games and the San Miguel Asian 9Ball Tour.

For further information, please contact:

Stephenie Vasko, ESPN STAR Sports
Tel: +65 -6488-6126
Email: vaskos@espnstar.

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The head office of this newly formed company will be located in Perth, Western Australia.com

Investor and Analyst Relations:

G.com

Martin Ridley VP Asia Pacific Subsea

Tel: + 65 6329 7790

E-mail: martin.com

Xavier d'Ouince Technip

Tel: + 33 (0) 1 47 78 25 75

E-mail: xdouince@technip.
Galey will report directly to Rik Dovey who said today, ''Shawn's
experience will be invaluable to the company's objectives of enhancing
strategic relationships while managing our business affairs in often
challenging circumstances.

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Paris, September 13, 2005

Technip and Subsea 7 announce they have today signed a Memorandum of Understanding whereby their respective affiliates Technip Oceania Pty Ltd and Subsea 7 Singapore Pte Ltd express their intention to form a jointly operated company for subsea offshore activities in the Asia Pacific region (excluding India and Middle-East).com, espnstar.com.

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ESPN STAR Sports Announces Key Management Appointment

On returning to the United
States next month, Rona will continue as a consultant to ESPN.
He holds a Bachelor's degree in mechanical engineering and engineering +
public policy from Carnegie Mellon University in Pennsylvania, and graduate
degrees in business and law from Cornell University in New York.A and STAR Sports
Hong Kong.cn and espnstar .

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Christopher Welton Investor and Analyst RelationsTechnip

Tel: + 33 (0) 1 47 78 66 74

E -mail: cwelton@technip.stephen@subsea7.
Galey will be based in Singapore with region-wide responsibility for all
legal matters related to ESPN STAR Sports networks across Asia as well as
business development and strategic relationships.
He succeeds Barry Rona, ESPN STAR Sports' Senior Vice President and Chief
Legal Counsel who retires this month after an illustrious 40-year legal career.''
Galey, who has a wide range of international transactional and management
experience, with particular expertise in joint ventures and structured
financing arrangements, was previously Vice President , Business and Legal
Affairs at CNBC Asia. We have 13
networks -- ESPN Asia, ESPN India, ESPN Taiwan, ESPN Philippines, MBC-ESPN
(Korea), ESPN Singapore, ESPN Hong Kong, Xing Kong Sports, STAR Sports India,
STAR Sports Taiwan, STAR Sports Singapore, STAR Sports S.

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Technip and Subsea 7 have demonstrated their capacity to work successfully together on past projects in the region including the Trunkline System Expansion Project for Woodside Energy Limited and are currently executing the Kikeh Subsea EPCI project awarded by Murphy Sabah Oil Company Ltd. The company's global offshore operations are supported out of Asia Pacific, Brazil, Gulf of Mexico, Norway, UK and West Africa. SINGAPORE , Feb.
Rona held a number of senior positions in law in New York for 30 years
including Executive Director and General Counsel with Major League Baseball,
before moving to Asia in 1994 to oversee all ESPN's legal activities. and STAR. We are Asia's
complete sports provider reaching over 110 million households for ESPN and
over 54 million households for STAR Sports (as of July 2004). We bring the world's premier live sports and leading regional
events to viewers 24 hours a day.