In the Offshore business segment Technip performs engineering, procurement, construction, installation, commissioning and the refurbishment/upgrading of offshore facilities for the oil & gas industry. Technip provides these services for fixed platforms in shallow water with conventional sub-structures and self installing platforms such as the TPG 500 and for deepwater facilities including Spar, semi-submersible, TLP, FPSO and FLNG units. The Group is a world leader in floatover installation of topsides and its R&D effort is focused on technology transfer for local content and new frontier areas such as ultra-deepwater and the Arctic.