Press Releases - Corporate News


Paris, April 8, 2010

Implementation of a liquidity contract

By contract on February 12th 2010 and for a duration of one year as from this renewable date by tacit renewal, the company Technip has entrusted the investment firm Crédit Agricole Cheuvreux to implement a Liquidity Contract in compliance with the Code of Conduct of the AMAFI (Financial Market Professionals, ex-AFEI) approved by the decision of the Authority of the Financial Markets dated October 1st, 2008.

The Liquidity Contract will have for object to foster regular and liquid trading in the shares of the company Technip (ISIN code: FR0000131708) on the regulated market Eurolist of NYSE Euronext Paris.

For the implementation of this Liquidity Contract, the following means have been affected to the liquidity account: €12,000,000.

 

Technip is a world leader in the fields of project management, engineering and construction for the oil & gas industry, offering a comprehensive portfolio of innovative solutions and technologies.

With 23,000 employees around the world, integrated capabilities and proven expertise in underwater infrastructures (Subsea), offshore facilities (Offshore) and large processing units and plants on land (Onshore), Technip is a key contributor to the development of sustainable solutions for the energy challenges of the 21st century.

Present in 46 countries, Technip has operating centers and industrial assets (manufacturing plants, spoolbases, construction yard) on five continents, and operates its own fleet of specialized vessels for pipeline installation and subsea construction.


Public Relations

Christophe Bélorgeot : Tel. +33 (0)1 47 78 39 92

Floriane Lassalle-Massip : Tel. + 33 (0)1 47 78 32 79 press@technip.com


Investor and Analyst Relations

Kimberly Stewart : Tel. + 33 (0)1 47 78 66 74 kstewart@technip.com

Antoine d'Anjout : Tel. + 33 (0)1 47 78 30 18 adanjou@technip.com


Group website

www.technip.com


The Technip share is listed on Euronext Paris exchange and over the counter (OTC) in the USA.