In relation to recent press news concerning alleged decisions by Total E&P Italia to cancel or postpone the Tempa Rossa Oil project in Basilicata, Maire Tecnimont, in line with what Total E&P Italia has communicated last night through a press release, confirms that the Tempa Rossa project continues with no interruptions and according to the schedule already agreed with the client, with an expected completion date of December 2017.

Such a schedule had already been included in the operating plans of the Maire Tecnimont subsidiaries involved in such a project.

Maire Tecnimont S.p.A.

Maire Tecnimont S.p.A. is a company listed with the Milan stock exchange. It heads an industrial group (the Maire Tecnimont Group) that leads the international Engineering & Construction (E&C), Technology & Licensing and Energy Business Development & Ventures markets, with specific competences in plants, particularly in the hydrocarbons segment (Oil & Gas, Petrochemicals and Fertilisers), as well as in Power Generation and Infrastructures. The Maire Tecnimont Group operates in approximately 30 different countries, numbering around 45 operative companies and a workforce of about 4,300 employees, of whom over half work abroad.