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Press Release

Technip announces the acquisition of Eurodim

July 11, 2008

Paris, July 11, 2008


Technip has acquired Eurodim, an engineering and consulting company with solid technological expertise, notably in the offshore oil and fluid transfer sectors.

Based in Rueil Malmaison, France, Eurodim benefits from strong industry experience with a team specializing in the design and execution of mobile systems and equipment (rotary joints for liquefied natural gas transfer, mechanisms and connectors for marine structures, offloading buoys...).

This acquisition is part of Technip's strategy. Thanks to its numerous patents and innovative solutions, Eurodim will strengthen the Group's technological portfolio in high-potential markets such as, among others, cryogenic flexible pipe* for the transfer of liquefied natural gas (LNG), offshore LNG units and the adaptation of offshore equipment to harsh sea conditions.

* Cryogenic flexible pipe: a thermally insulated flexible pipe used for the transfer of LNG at a temperature of -162°C, and for the return of the gas, between the terminal or treatment unit (liquefaction or re-gasification) either onshore, offshore and the transport vessel.

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