Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Technip    TEC   FR0000131708

TECHNIP (TEC)

Delayed Quote. Delayed  - 07/22 05:35:10 pm
50.75 EUR   -2.25%
07/22 FMC TECHNOLOGIE : Reports Second Quarter 2016 Diluted Earnings per S..
07/22 TECHNIP : wins MSA for Louisianas Monkey Island LNG project
07/14 AusGroup Signs Deal with Technip for Work on Shell's Prelude FLNG..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

TECHNIP : awarded two subsea contracts in the Gulf of Mexico

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/23/2012 | 07:05am CEST

Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) was awarded by Petróleos Mexicanos (PEMEX) two subsea contracts in the Bay of Campeche, Mexico, worth a total amount of ?105 million.

The contracts scope includes:

  • the procurement and construction of two 16'' rigid pipelines (9.2 and 8.6 kilometers) for the first project,
  • the development of engineering, procurement and construction of a 24'' gas rigid pipeline (17 kilometers) for the second project.

Technip´s operating center in Ciudad del Carmen, Mexico, will execute both contracts, which are scheduled to be completed at the end of 2012.

Emiliano Pescador, Technip's Country Manager in Mexico stated: "These two projects represent a significant milestone for Technip´s long term strategy in Mexico and its recent acquisition of Global Industries as they will utilize several of Global Industries' assets. The contracts strengthen both our commitment to Mexico and our relationship with PEMEX."

°

° °

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 30,000 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: TKPPK).

Technip
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 78 66 74
kstewart@technip.com
or
Apollinaire Vandier, +33 (0) 1 47 78 60 74
avandier@technip.com
http://www.technip.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TECHNIP
07/22 FMC TECHNOLOGIES : Reports Second Quarter 2016 Diluted Earnings per Share of $0...
07/22 TECHNIP : wins MSA for Louisianas Monkey Island LNG project
07/14 AusGroup Signs Deal with Technip for Work on Shell's Prelude FLNG Project
07/07 TECHNIP : GC Rieber Shipping Enters Into Charter With Technip Angola For The Sub..
07/02 TECHNIP : Honeywell bullish on india
07/01 TECHNIP : FMC Merging as No. 2 Oilfield Service Company
07/01 TECHNIP : Awarded Natural Gas Field Development in Mediterranean
06/29 FMC TECHNOLOGIES : and Technip Announce Successful Early Conclusion of U.S. Anti..
06/29 GENERAL ELECTRIC : GE and Technip Sign Memorandum of Understanding to Explore Di..
06/27 TECHNIP : lands contract
More news
Sector news : Oil Related Services and Equipment - NEC
07/22 S&P 500 companies start facing up to the potential Brexit costs
07/22DJDespite Optimism, Oil Firms Keep Cutting Jobs
07/22DJWORLD FUEL SERVICES : Oil Prices Fall on Glut in Refined Products
07/22DJSCHLUMBERGER : Swings to a $2.16 Billion Loss On Restructuring and Acquisition E..
07/21DJSCHLUMBERGER : Correction to Schlumberger earnings
More sector news : Oil Related Services and Equipment - NEC
News from SeekingAlpha
06/27 FMC, Technip win U.S. antitrust clearance
06/17 Technip Merger Is A Game Changer For FMC Technologies
05/20 FMC Tech downgraded at Barclays on merger deal
05/19 FMC Tech investors "come out on the short end" in Technip merger, Citi says
05/19 Amazon Is A Criminal Monopoly? Donald Trump Says So
Advertisement
Financials (€)
Sales 2016 10 788 M
EBIT 2016 842 M
Net income 2016 526 M
Finance 2016 197 M
Yield 2016 3,78%
P/E ratio 2016 11,55
P/E ratio 2017 15,85
EV / Sales 2016 0,56x
EV / Sales 2017 0,66x
Capitalization 6 208 M
More Financials
Chart TECHNIP
Duration : Period :
Technip Technical Analysis Chart | TEC | FR0000131708 | 4-Traders
Full-screen chart
Technical analysis trends TECHNIP
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 26
Average target price 54,3 €
Spread / Average Target 7,0%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Thierry Pilenko Chairman & Chief Executive Officer
Julian David Waldron Group Chief Financial Officer
Pascal Colombani Independent Director
Olivier Appert Director
Gérard Hauser Senior Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TECHNIP10.97%6 813
SCHLUMBERGER LIMITED.17.00%113 472
HALLIBURTON COMPANY28.76%37 662
BAKER HUGHES INCORPORA..-3.47%19 509
NATIONAL-OILWELL VARCO..-3.70%12 160
FMC TECHNOLOGIES, INC.-10.24%5 907
More Results