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Technip

Testimonial

"I have been dealing with Hazell for a number of years now and at two different firms with different sourcing requirements. At both firms I have found that they are able to meet the requirements that shows they have a knowledge and depth of experience across a broad spectrum of businesses in Aberdeen."

David Honeyman
Head of Recruitment

Client Profile

A world leader in Engineering, Technologies and Project Management for the Oil & Gas Industry

Backed by 50 years of experience and thanks to the expertise and know-how of its teams, Technip is a key contributor to the development of technologies and sustainable solutions for the exploitation of the world’s energy resources.

Technip is listed on Euronext Paris (EURONEXT: FR0000131708).

2007 key figures

• 23,000 employees in 46 countries
• Industrial assets on five continents
• A fleet of 19 vessels by 2010
• Operating income from recurring activities: €247 million
• Revenues: close to € 7.9 billion

A worldwide Presence

Technip executes projects throughout the world.

Breakdown of 2007 revenues by region

Our Sector: Oil and Gas

Technip operates in three segments of the world oil and gas market: Subsea, Offshore and Onshore.
This market represents 97% of the Group’s revenues.
On behalf of its clients, for the most part international and national oil companies; Technip executes infrastructure projects that are increasingly ambitious, complex and demanding: ultra-deep waters, extreme climates, mega-sized projects, non-conventional resources and optimisation of environmental performance.

Breakdown of 2007 revenues by activity

Broad Technological Expertise

The increasing complexity of the projects in which Technip is involved requires the implementation of state-of-the-art technologies. The Group’s technological portfolio and its recognized expertise are strategic assets, essential to its competitiveness.

The Group has made a strong commitment to the development of innovative technologies and expertise, in each of its segments of activity.

In the Subsea segment, Technip engineers work to develop equipment capable of withstanding the extreme pressure and temperature conditions of hydrocarbon fields at water depths beyond 3,000 meters.

In the Offshore segment, the Group is developing platform installation methods that reduce installation time and cost, as well as new platform models adapted for the exploitation of hydrocarbon fields in extreme climates such as the Arctic Ocean.

In the Onshore segment, research and development efforts have enabled the capacity of mega-sized LNG complexes to be increased, the upgrade and refining of non-conventional resources and improvements in the environmental performance of industrial installations