Contractors Unlimited

Contractors Unlimited


Technip provides engineering, technologies and project management for the oil and gas industry. Backed by 50 years of experience and thanks to the expertise and know-how of its teams, Technip is a key contributor to the development of technologies and sustainable solutions for the exploitation of the world's energy resources.

The company operate with 23,000 in 46 countries. Operating income from recurring activities in 2007 was €247 million with revenues close to €7.9 billion.

Technip operates in three segments of the world oil and gas market: Subsea, Offshore and Onshore. This market represents 97% of the Group's revenues.

The Group has made a strong commitment to the development of innovative technologies and expertise, in each of its segments of activity.

Subsea segment: Technip engineers work to develop equipment capable of withstanding the extreme pressure and temperature conditions of hydrocarbon fields at water depths beyond 3,000 meters.

Offshore segment: The Group is developing platform installation methods that reduce installation time and cost, as well as new platform models adapted for the exploitation of hydrocarbon fields in extreme climates such as the Arctic Ocean.

Onshore segment: Research and development efforts have enabled the capacity of mega-sized LNG complexes to be increased, the upgrade and refining of non-conventional resources and improvements in the environmental performance of industrial installations.

Technip's UK bases include Aberdeen and London including Genesis Oil & Gas Consultants, Evanton, Ross-shire, and Duco in Newcastle-upon-Tyne.

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Last updated 16/02/09

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