Research and Development (R&D) is an important differentiator, delivering innovative solutions that reduce costs. R&D and technologies are also key to addressing market challenges. The Group is introducing new, more cost-effective materials with similar or improved technical performance as existing ones. For example, in 2015 Technip qualified a new polymer grade for use as a pressure sheath in flexible pipelines. Our research work is also complemented by in-field technology development. By working hand in hand with clients and industry partners, the Group is helping solve some of the major flow assurance challenges, such as hydrate formation in production flowlines and riser systems. We need to take advantage of the way we innovate, to deliver solutions that simplify and optimize our client's projects.