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Press Release

Thierry Pilenko chosen as future Chairmand and CEO of Technip

January 16, 2007

Paris, January 16, 2007

The Board of Directors of Technip, meeting on January 15th, 2007, has chosen, upon the recommendation of the Nominations and Compensation Committee, Thierry听Pilenko to succeed Daniel Valot as Chairman and CEO at the close of the Annual Shareholder鈥檚 Meeting on April 27th 2007 during which he should be appointed to Technip鈥檚 Board of Directors.

In order to ensure a smooth and efficient transition,听and as proposed by Daniel Valot, Thierry Pilenko has been named Deputy General Manager of Technip as of January听15, 2007.

Born in Lyon in 1957, Thierry Pilenko received degrees from The Ecole Nationale Sup茅rieure de G茅ologie in Nancy and the Ecole du P茅trole et des Moteurs. He spent most of his career (1984-2004), within the Schlumberger Group, where he gained vast oil and gas engineering and international experience in countries throughout the world (Venezuela, Italy, Gabon, Nigeria, Dubai, Indonesia, The United States, France) working in various product lines. In March 2004 he became Chairman and CEO of Veritas DGC, a geophysical services company based in Houston, which recently merged with Compagnie G茅n茅rale de G茅ophysique.

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With a workforce of 22,000 people, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York and Paris.
The Group鈥檚 main operations and engineering centers and business units are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the USA, Brazil, Abu-Dhabi, China, India, Malaysia and Australia.
In support of its activities, the Group manufactures flexible pipes and umbilicals, and builds offshore platforms in its manufacturing plants and fabrication yards in France, Brazil, the UK, the USA, Finland and Angola, and has a fleet of specialized vessels for pipeline installation and subsea construction.


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