Visit of the President of the Republic of Ghana to France: Technip Reiterates Its Commitment to the Ghanaian Market

  Visit of the President of the Republic of Ghana to France: Technip
  Reiterates Its Commitment to the Ghanaian Market

Business Wire

PARIS -- May 28, 2013

Regulatory News :

While on official visit to France, His Excellency John Dramane Mahama,
President of the Republic of Ghana, was welcomed earlier today by Thierry
Pilenko, Chairman and Chief Executive of Technip (Paris:TEC)
(ISIN:FR0000131708) (ADR:TKPPY), at the Group’s Headquarters in Paris. During
this meeting, the Ghanaian delegation and Technip’s management discussed the
booming development of the oil and gas market in Ghana, as well as Technip’s
activities and projects.

Technip has been operating in Ghana since 2009, when the Group was awarded the
Jubilee project, the first deepwater field developed in the country. Since
then, Technip has been considerably investing to support Ghana’s industrial
development, while also pioneering the oil and gas industry in the country.
Capitalizing on the success of the Jubilee project, Technip established its
first representative office in Accra in 2010, and inaugurated GNPC-Technip
Engineering Services Ltd, a joint venture with GNPC (Ghana National Petroleum
Corporation), in November 2012. This engineering company now employs around 30
people, of which 86% are Ghanaian. Technip has also created a 15,000 m²
fabrication yard in Sekondi in order to locally manage fabrication and
logistic support to vessels.

Strongly committed to national content and long-term relationships with
communities, Technip implemented an extensive training program of Ghanaian
nationals, partnered with the Kwame Nkrumah University of Science and
Technology (KNUST) and launched various corporate social responsibility
projects.

Thierry Pilenko declared: “It has been an honor to receive His Excellency John
Dramane Mahama and his delegation. The Republic of Ghana offers very promising
opportunities for us and we hope we will continue to develop our presence in
the country over the long term, in line with our strategy, and work with the
Ghanaian people to contribute to build the future of their oil and gas
industry together.”

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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, Tel. +33 (0) 1 47 78 39 92
Floriane Lassalle-Massip, Tel. +33 (0) 1 47 78 32 79
E-mail: press@technip.com
or
Investor and Analyst Relations
Kimberly Stewart, Tel.+33 (0) 1 47 7866 74
E-mail: kstewart@technip.com
or
Website http://www.technip.com
 
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