Technip ADR (TKP)

QUOTE AND NEWS
OilVoice  Jul 28  Comment 
Technip has been awarded an engineering procurement construction installation and commissioning contract by PETRONAS Carigali for the tiein of PETRONAS first Floating Liquefied Natural Gas PFLNG1
OilVoice  Jul 21  Comment 
Technip has been awarded by TAP a Project Management Consultancy PMC Services contract for a project designed to transport gas from the Shah Deniz field to the European market. TAP project scope i
Wall Street Journal  Jul 8  Comment 
Shares in French oil services company Technip plummeted after it announced a major restructuring plan, including 6,000 job cuts world-wide, as falling energy prices force the company to drastically cut costs.
Wall Street Journal  Jul 7  Comment 
French oil-field services company Technip is aiming to cut its costs by 20%. That only adds to the uncertainty surrounding the sector.
newratings.com  Jul 7  Comment 
PARIS (dpa-AFX) - The French market was under pressure in late morning session Tuesday, as concerns about Greece continued to weigh on sentiment. An emergency Eurogroup meeting is being held, after Greek voters rejected reform proposals in...
OilVoice  Jul 7  Comment 
Technip anticipates an even more challenging environment in oil gas Launches restructuring plan and accelerates its cost reduction to reinforce the Group through and beyond the downturn Total targe
MarketWatch  Jul 7  Comment 
Shares in Technip S.A. fell 8% Tuesday, after the French oil industry engineering and construction group announced a restructuring plan Monday. Technip said it will cut 6,000 jobs and reduce its fleet of oil-service ships in a cost-cutting...
Reuters  Jul 6  Comment 
* Plans cost cuts of 830 million euros, mostly in 2016 (Adds details)
WA Business News  Jul 5  Comment 
France’s Technip and Korea’s Samsung Heavy Industries have been signed up as the lead engineering and construction contractors for the Browse floating LNG project, continuing similar work they have undertaken for the Prelude FLNG project.
OilVoice  Jul 3  Comment 
Technip Samsung Consortium was awarded two contracts by Shell for the Browse floating liquefied natural gas FLNG project in Australia operated by Woodside. The Browse project covers the realizatio





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Technip is a France-based operator of gas and oil engineering, technologies and projects. The Company designs and builds high-technology industrial installations, such as subsea equipment and platforms, and onshore mega-complexes for the oil, gas and petrochemical sectors. It operates in three segments: Subsea, Offshore and Onshore. The Company's main subsidiaries are Technip France, Technip Italy SpA, Technip UK Limited, Technip Geoproduction Malaysia SDN BHD, Flexibras Tubos Flexiveis Limitada and Technip USA Inc. The Company’s locations outside France include Italy, Malaysia, Germany, the United Kingdom, Norway, Finland, the United States, the Netherlands, Brazil, the United Arab Emirates, Nigeria, China, India and Australia. As of December 31, 2008, the Company had a fleet of 19 vessels specialized in subsea pipelay, subsea construction, diving support and exploration.




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