Technip-Coflexip is engaged in oil and gas engineering, technologies and services. The Company was formed in October 2001 after the acquisition of 98.3% of Coflexip Stena Offshore by Technip. Technip's business is designing and building industrial and service facilities. Whether for an individual unit or a fully integrated complex, it can address every step of a project, from preliminary studies to turnkey delivery. Coflexip, a global contractor for subsea and deepwater solutions to the offshore oil and gas industry, offers technically advanced and cost-effective services and products for the development of offshore hydrocarbon fields worldwide. From front-end engineering to field abandonment, the Group solutions in engineering, fabrication and installation are proposed on either an integrated or a segmented basis.