Technip Net Worth is15.9 12-Month Sales Growth (%)
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Company Name: Technip S.A.
Company Logo: Image:Technip.gif
Company Type: S.A. (corporation)
Traded As: TEC, TKPPY
Foundation: 1958
Location: Paris, France
Key People: Thierry Pilenko (Chairman & CEO)
Industry: Engineering
Products: Project management, engineering and construction for the energy industry
Revenue: Euro6.183 billion (end 2011)
Operating Income: €709.5 million (end 2011)
Net Income: €507.3 million (end 2011)
Assets: €11.43 billion (end 2011)
Equity: €3.673 billion (end 2011)
Num Employees: 32,000 (end 2011)
Homepage: []
Intl: yes

Technip is a world leader in project management, engineering and construction for the energy industry. From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, over 32,000 people are constantly offering the best solutions and most innovative technologies to meet the worlda??s energy challenges. Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.
Technip shares are listed on the NYSE Euronext Paris exchange and the USA over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY).
Technip was established in 1958 by IFP, Institut FranA?ais du PA(C)trole, as Compagnie FranA?aise d'Etudes et de Construction Technip.
First series of international successes with the completion of projects in Africa and Asia
Technip becomes an international group with the acquisition of an office in Rome and the creation of Technip Geoproduction, a subsidiary specialized in hydrocarbon field equipment. During this period, Coflexip a?? a firm specialized in the design, manufacture and supply of flexible subsea flowlinesa?? is created by the IFP (French Petroleum Institute) and opens a flexible flowline manufacturing plant in Le Trait, France, as well as offices in Houston, Aberdeen and Rio de Janeiro.
Technip expands its global presence and opens operating centers in Kuala Lumpur and Abu Dhabi. Coflexip opens a second flowline manufacturing plant in Brazil and branches out into the manufacture of umbilicals with the establishment of the Duco plant in Newcastle, UK.
Technip is listed on the Paris Stock Exchange and Coflexip is listed on the New York Stock Exchange. Coflexip acquires Stena Offshore while Technip becomes a world-leading engineering group through the acquisition of companies with strong technological expertise: Speichim, Krebs and KTI. Established in t

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Technip Latest News

Schlumberger, Subsea 7 Mull Oil Services JV

The news lifted Subsea 7 shares on hopes the talks could be the first step towards a full takeover, in a sector that has already seen consolidation with the 2016 merger of Technip and FMC Technologies. In recent months, oil firms have returned to profits ...
Posted: February 23, 2018, 6:21 am

Citgo Petroleum slows Aruba refinery revamp due to U.S. sanctions

The Aruba government declined to comment. At the end of 2016 two consortia, including Japanese engineering firm JGC Corp and French oil services company Technip, were shortlisted to handle the refurbishment. Months later Citgo asked its cash-strapped ...
Posted: February 21, 2018, 8:31 am

Schlumberger, Subsea 7 in talks to form oil services joint venture

The news lifted Subsea 7 shares on hopes the talks could be the first step toward a full takeover, in a sector that has already seen consolidation with the 2016 merger of Technip and FMC Technologies (FTI.N). In recent months, oil firms have returned to ...
Posted: February 23, 2018, 7:19 am
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