Technip acquires Norwegian engineering company Ingenium AS

  Technip acquires Norwegian engineering company Ingenium AS

Business Wire

PARIS -- March 13, 2013

Regulatory News:

Technip (Paris:TEC) announces the acquisition of Ingenium AS, a
highly-experienced offshore engineering and services contractor located in
Oslo, Norway. Ingenium AS designs and develops mechanical and
electro-hydraulic tools and equipment, for the offshore oil and gas industry,
and provides engineering services for marine operations, such as the
installation of pipes and cables. Comprising over 20 highly-skilled engineers
in the subsea business, the umbilical lay spread on the North Sea Giant, for
the Goliat project, in 2012 is one of their recent achievements.

Odd Strømsnes, Managing Director of Technip in Norway, declared: “Ingenium
brings a team with solid experience and engineering capabilities that
reinforces Technip’s presence in one of the Group’s key markets. Technip has a
long history of working on projects with Ingenium, we are thrilled that they
will be joining the Group and complementing our competencies to accompany us
in taking it further.”

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Technip is a world leader in project management, engineering and construction
for the energy industry.

From the deepest Subsea oil & gas developments to the largest and most complex
Offshore and Onshore infrastructures, our 36,500 people are constantly
offering the best solutions and most innovative technologies to meet the
world’s energy challenges.

Present in 48 countries, Technip has state-of-the-art industrial assets on all
continents and operates a fleet of specialized vessels for pipeline
installation and subsea construction.

Technip shares are listed on the NYSE Euronext Paris exchange and the USA
over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY).

Contact:

Public Relations
Christophe Bélorgeot, +33 (0) 1 47 78 39 92
Floriane Lassalle-Massip, +33 (0) 1 47 78 32 79
press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart, +33 (0) 1 47 7866 74
kstewart@technip.com
or
Chuan Wang, +33 (0) 1 47 7836 27
chuwang@technip.com
or
Website
http://www.technip.com
 
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