Press Releases

Paris, 24 juin, 2014

Message from the Chairman

In today's challenging energy context – rising demand, increasing scarcity of easily accessible and exploitable fossil fuel resources, integration of environmental imperatives – Technip is a key player on a demanding market.

In 2007, we chose to focus on our core business, the oil and gas market. Our strategy is to focus and capitalize on our strengths, to improve operational performance and financial results, never losing sight of our environmental, social and civic responsibilities.

To reinforce our leadership position in high value-added technologies, the Group is pursuing its research and development initiatives to meet the challenges of the “new frontiers”. Development areas include: subsea pipes adapted to ultra-deep depths, innovative solutions for LNG (both onshore and offshore), non-conventional resources, as well as the design of production platforms adapted to Arctic conditions.

Further, the Group has launched an asset enhancement program that will total over €1 billion, to strengthen the production capacities of our manufacturing plants and our fleet.

At a time when oil and gas industry projects are increasingly complex and demanding, our teams are fully mobilized. Thanks to the know-how of our engineers and technicians, Technip has all the resources necessary for sustained growth.

You can rely on my personal commitment and that of all of Technip's teams.

Chairman and CEO