Technip


  • Industry: Oil Services & Equipment
  • Founded: 1958
  • Country: France
  • CEO: Thierry Pilenko
  • Website: www.technip.com
Profile
Technip is a holding company. Technip is engaged in project management, engineering and construction for the energy industry, and holds a portfolio of solutions and technologies. The Company operates in two segments: Subsea, and Onshore/Offshore. Its main markets include onshore plants, offshore platforms and subsea construction. As of December 31, 2011, the Company was present in 48 countries, and had industrial assets on continents and operates a fleet of vessels for pipeline installation and subsea construction.
On July 28, 2011, Technip acquired 100% of AETech. On February 28, 2011, it acquired EPD. On January 26, 2011, Technip acquired Subocean group. On January 24, 2011, the Company acquired Front End Re. On August 31, 2012, the Company announced the completion of the Stone & Webster process technologies and associated oil and gas engineering capabilities acquisition from The Shaw Group Inc.