Inauguration of Technip’s Innovation and Technology Center: Innovation at the Heart of the Group’s Strategy

  Inauguration of Technip’s Innovation and Technology Center: Innovation at
  the Heart of the Group’s Strategy

Business Wire

PARIS -- June 6, 2013

Regulatory News:

Earlier today, Technip (Paris:TEC) (ADR:TKPPY) inaugurated its Innovation and
Technology Center located in France, close to Paris, on a unique site in
Rueil-Malmaison*. Patrick Ollier, Mayor of Rueil-Malmaison, and Thierry
Pilenko, Technip’s Chairman and Chief Executive Officer, were both present for
the occasion. This center already brings together more than 50 managers and
specialists of subsea technologies necessary to the development of underwater
oil and gas fields.

Its vocation is to centrally manage Technip’s technological development, and
to coordinate all relevant Research and Development (R&D) centers and regional
entities. Its main mission is to boost innovation and in particular to direct
the action of our strategic R&D partners, to develop synergies between
technologies, to reinforce our competencies and attract highly-qualified
professionals. The center will develop so as to efficiently support the growth
of our business.

Thierry Pilenko commented:“The creation of Technip’s Innovation and
Technology Center gives a new impulse to our development. It will enable us to
reinforce our leadership and to keep differentiating ourselves through

Alain Marion,  Senior Vice President, Innovation and Technology and Director
of Technip’s center in Rueil-Malmaison, added:“This new site builds upon our
strategic efforts in terms of technology: it is a real showcase of our
technological achievements – starting with subsea – targeted at our clients
and partners. Its actions will draw on important and regular investments, as
well as on Technip’s R&D breakthroughs over the past few years.”

* Technip’s Innovation and Technology Center is located 43-45 Boulevard
Franklin Roosevelt in Rueil-Malmaison.


                                     ° °

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).


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