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

Technip Latest News

APAC Upstream Oil & Gas Services Market to Grow at 4% CAGR During 2016-2021

Some of the key players reported in this study of APAC upstream oil and gas services market include Schlumberger Limited, Halliburton, Baker Hughes Incorporated, Petrofac Limited, Weatherford, TECHNIP, China Oilfield Services Limited, Transocean Ltd ...
Posted: August 16, 2017, 10:35 pm

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on ...

TechnipFMC serves customers worldwide. TechnipFMC was formed through the merger of FMC Technologies Inc. and French oil-services Technip SA. The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading ...
Posted: August 11, 2017, 3:59 pm

McDermott Appoints John Freeman as Senior Vice President, General Counsel and Corporate Secretary

I am looking forward to working closely with him." Freeman joins McDermott from TechnipFMC where he was most recently Special Advisor to the Integration of Technip and FMC. Prior to the merger of Technip and FMC, Freeman was Group (Corporate) General ...
Posted: August 14, 2017, 4:30 am

In Volatile Markets Do Analysts Think You Should Buy Technip (TKPPY)?

Following U.S. election volatility some analysts have updated their recommended target prices on shares of Technip (TKPPY). Latest Recommended Buy/Sell Side Ratings: 03/03/2016 – Technip had its “” rating reiterated by analysts at Liberum Capital.
Posted: August 6, 2017, 3:09 am

Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market Forecast 2017 Aker Solutions, Technip, FMC Technologies

Global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market Research The Global Oil & Gas Subsea Umbilicals, Risers & Flowlines (SURF) Market 2017 Industry Research Report is a in-depth study and professional analysis on the current state of the ...
Posted: August 8, 2017, 9:10 pm
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