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Paris, October 25, 2012 Third Quarter 2012 Results

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Page 1: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

Paris, October 25, 2012

Third Quarter 2012 Results

Page 2: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

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Safe Harbor

his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical facts, butrather reflect our current expectations concerning future results and events and generally may be identified by the use of forward-looking words suchas “believe”, “aim”, “expect”, “anticipate”, “intend”, “foresee”, “likely”, “should”, “planned”, “may”, “estimates”, “potential” or other similar words.Similarly, statements that describe our objectives, plans or goals are or may be forward-looking statements. These forward-looking statementsinvolve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materiallyfrom the anticipated results, performance or achievements expressed or implied by these forward-looking statements. Risks that could cause actualresults to differ materially from the results anticipated in the forward-looking statements include, among other things: our ability to successfullycontinue to originate and execute large services contracts, and construction and project risks generally; the level of production-related capitalexpenditure in the oil and gas industry as well as other industries; currency fluctuations; interest rate fluctuations; raw material, especially steel as wellas maritime freight price fluctuations; the timing of development of energy resources; armed conflict or political instability in the Arabian-Persian Gulf,Africa or other regions; the strength of competition; control of costs and expenses; the reduced availability of government-sponsored export financing;losses in one or more of our large contracts; U.S. legislation relating to investments in Iran or elsewhere where we seek to do business; changes intax legislation, rules, regulation or enforcement; intensified price pressure by our competitors; severe weather conditions; our ability to successfullykeep pace with technology changes; our ability to attract and retain qualified personnel; the evolution, interpretation and uniform application andenforcement of International Financial Reporting Standards, IFRS, according to which we prepare our financial statements as of January 1, 2005;political and social stability in developing countries; competition; supply chain bottlenecks; the ability of our subcontractors to attract skilled labor; thefact that our operations may cause the discharge of hazardous substances, leading to significant environmental remediation costs; our ability tomanage and mitigate logistical challenges due to underdeveloped infrastructure in some countries where we are performing projects.Some of these risk factors are set forth and discussed in more detail in our Annual Report. Should one of these known or unknown risks materialize,or should our underlying assumptions prove incorrect, our future results could be adversely affected, causing these results to differ materially fromthose expressed in our forward-looking statements. These factors are not necessarily all of the important factors that could cause our actual results todiffer materially from those expressed in any of our forward-looking statements. Other unknown or unpredictable factors also could have materialadverse effects on our future results. The forward-looking statements included in this release are made only as of the date of this release. We cannotassure you that projected results or events will be achieved. We do not intend, and do not assume any obligation to update any industry informationor forward looking information set forth in this release to reflect subsequent events or circumstances.

****

This presentation does not constitute an offer or invitation to purchase any securities of Technip in the United States or any other jurisdiction.Securities may not be offered or sold in the United States absent registration or an exemption from registration. The information contained in thispresentation may not be relied upon in deciding whether or not to acquire Technip securities.This presentation is being furnished to you solely for your information, and it may not be reproduced, redistributed or published, directly or indirectly, inwhole or in part, to any other person. Non-compliance with these restrictions may result in the violation of legal restrictions of the United States or ofother jurisdictions.

T

Page 3: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

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Contents

1. 3Q 2012 Operational & Financial Highlights

2. Progress on Strategy and Outlook

Page 4: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

1. 3Q 2012 Operational & Financial Highlights

4

Page 5: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

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3Q 2012 Subsea Order Intake

Key contracts across regions & technologiesDalmatian deepwater pipe-in-pipe, Gulf of MexicoFlexible supply, Angola, Brazil & Asia PacificGreater Stella field development, UKGullfaks South pipe-in-pipe, Norway5-year Inspection, Repair and Maintenance frame agreement, UK Backlog

€ million

Order intake

1,1271,336

1,224

3Q 11 2Q 12 3Q 12

4,066

5,963 6,120

3Q 11 2Q 12 3Q 12

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3Q 2012 Onshore/Offshore Order Intake

Order intake

Backlog

€ million

EPC contractsEthylene XXI, MexicoUpper Zakum 750K phase 1, UAE

Services contractsIchthys offshore facilities commissioning, AustraliaROGC ethylene cracker license and engineering services, IndiaPavlodar & Shymkent refineries FEEDs, KazakhstanOffshore field engineering services, Australia, Norway & Brazil

1,225 1,180

1,624

3Q 11 2Q 12 3Q 12

6,0536,761

7,399

3Q 11 2Q 12 3Q 12

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3Q 2012 Subsea Operations

(1) Long Term Charter(2) from recurring activities

Revenue

Operating Income2

Offshore main operations completedHyme, NorwayLiuhua 11-1, ChinaNormand Progress LTC1, Brazil

Main ongoing projectsBC-10 phase 2, BrazilGoliat, Barents SeaJubilee phase 1A, GhanaLiwan shallow water, ChinaMariscal Sucre, VenezuelaVigdis, Norway

Overall group vessel utilization rate: 77%

754

1,075

3Q 11 3Q 12

128

163

3Q 11 3Q 12

16.9%15.1%

3Q 11 3Q 12

€ million

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3Q 2012 Onshore/Offshore Operations

Revenue

Operating Income1

(1) from recurring activities

UpstreamAsab 3, UAEIchtys FPSO, AustraliaLucius Spar, Gulf of Mexico

Gas, LNG & FLNGPMP, QatarPrelude FLNG, AustraliaFLNG studies

DownstreamBurgas, BulgariaElastomer complex, ThailandJubail, Saudi Arabia

944 1,011

3Q 11 3Q 12

67 71

3Q 11 3Q 12

7.1% 7.1%

3Q 11 3Q 12

€ million

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Group Financial Highlights

1 calculated as operating income from recurring activities before depreciation and amortization2 from recurring activities

+23% year-on-year

+19% year-on-year

€ million

Acquisition costs

3Q 11 3Q 12

Revenue 1,698.6 2,085.9

EBITDA1 217.9 269.1

EBITDA margin 12.8% 12.9%

Operating Income2 180.9 215.2

Operating Margin2 10.6% 10.3%

Non-Current Operating Result (4.7) (4.0)

Financial Result (3.3) (4.5)

Income / (Loss) before Tax 172.9 206.7

Income Tax Expense 30.0% 28.4%

Net Income 121.0 146.3 +21% year-on-year

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Net Cash Position€ million

3 Months

Net Cash Position as of June 30, 2012 252.0

Cash Generated from / (Used in) Operations 252.5

Change in Working Capital Requirements (23.5)

Capital Expenditures (109.6)

Acquisitions of Stone & Webster Process Technologies (229.0)

Other including FX Impacts 41.1

Net Cash Position as of September 30, 2012 183.5

4896

64

152107

110139

Capital Expenditure

1Q

2Q

3Q

4Q

357

~ 500

2011 2012

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1111

Business Environment

Australian gas projects continue to progressGDP growth drives refining, petrochemicals and fertilizer investments

New discoveries to drive future onshore & offshore developments, incl. in new areasProject timing remains uncertain

Africa

Upswing in US Gulf of MexicoIncreasing activity in MexicoUS shale gas driving onshore downstream investments

North AmericaHigh level of subsea awards continuesStep change in size and complexity of offshore developmentsIncrease in platform activity

North Sea

Sustained volume of activity Good opportunities offshore & downstream

Middle East

Asia Pacific

Good visibility in Brazil with ramp-up of pre-salt developmentsDownstream and some offshore prospects across countries

Latin America

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Backlog Visibility1

1 Backlog estimated scheduling as of September 30, 2012

€ million

Subsea Onshore/Offshore Group

2012 (3 months) 847.5 1,058.1 1,905.6

2013 2,558.6 3,269.7 5,828.3

2014 and beyond 2,713.5 3,071.0 5,784.5

Total 6,119.6 7,398.8 13,518.4

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2. Progress on Strategy and Outlook

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Worldwide Organization Dedicated to Downstream Technologies

Technip Stone & Webster Process Technology Team of ~1,200 people with specialists from both companiesCutting edge technologies in refining, hydrogen, ethylene, petrochemicals & GTL ~€400 million of revenue on a pro forma basis

WhyReinforce Technip’s position as a technology provider to the downstream industry, with positive feedback from clientsAdditional revenue streams from enhanced technology and high-end proprietary solutionsStrengthened commercial relationship with clients at early stages of projects

Operating centers Sales officesAssociated operating centers

Mumbai

Milton Keynes

Houston

CambridgeClaremont Paris

Rome

Zoetermeer

Abu DhabiKuala Lumpur / Singapore

Beijing

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CP Chem cracker, USABraskem Comperj petrochemical complex, Brazil

Braskem / Idesa Ethylene XXI, MexicoReliance cracker, India

EBSM1: El Dekila Egyptian Polystyrene Prod. Co., EgyptCumene: Lihuayi Weiyuan Chemical Co. Ltd., China

Sasol Uzbekistan GTL, UzbekistanSasol Oryx plant, Qatar

Resid FCC2: Takreer, UAEDCC2: Petro-Rabigh, Saudi Arabia & IRPC, Thailand

McKee & Memphis refineries, USAPetrochina Chengdu refinery, China

~35% installed capacities with ~120 references~25% of licensing over the past 10 years

~25% of installed capacities over the past 10 years including 7 EPC

Leading position around key proprietary technologies1 through Badger JV

Strong track-record and technology partnership with Sasol

Resid FCC2: world leader, >75 referencesDCC2: unrivalled performance, >10 references

World leader with ~40% market share, inc.alliance with Air Products, >240 references

Petrochemicals

Technip Stone & Webster Process Technology Leading Position in Growing Markets

Refining

GTL

Hydrogen

S&W Ethylene

15

Technip Ethylene

Strong Track Record Recent Key Projects

(1) Ethylbenzene / Styrene Monomer (EBSM), Cumene, Bisphenol A (BPA)(2) RFCC: Resid Fluid Catalytic Cracking. DCC: Deep Catalytic Cracking

Page 16: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

Commercial Alliance with Heerema

5-year worldwide alliance agreement combining capabilities for EPCI projects in ultra-deepwater

Working together through ad-hoc JV, consortiums or subcontract arrangements to best answer client requirements

Alliance effective immediately on an exclusive basis

First successes expected in 2013/2014, with offshore phases in 2015 and beyond

16

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Ultra-Deepwater Challenges

Larger developmentswith contracting interfaces

increasingly difficult to manage by operators

Increasing use of EPCI contracts requiring extensive project

management and execution experience

Heavier subsea equipmentVessels with higher lifting/abandonment

capacity

Deeper water and heavier pipes

Vessels with higher tension pipe laying capacities

Increasing QHSE requirements

State-of-the-art vessels and experienced project

management required

17

Page 18: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

Helping Clients to DevelopUltra-deepwater Fields

Geographical footprint covers key subsea markets worldwide (engineering, sales & business development, yards, spoolbases, flexible & umbilical plants)

Track record in engineering & project management of complex projects

Financial strength to endorse large contract responsibility

Unique set of capabilities for ultra-deepwater market:

Experienced engineering & project management

High capacity vessels State-of-the-art laying technologies(J-, Reel-, S- and Flex-Lay)

Logistic and construction network(yards, plants)

Sales & business development network

Installation capabilities for Ultra-Deepwater

Extensive track record of fabrication and installation of heavy and specialized pipelines

Capabilities for remote areas lacking infrastructure, thanks to liftable reel-lay system

18

Page 19: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

Technip Rigid Pipelay and Installation Capabilities: from Ultra-deep to Shore

S-Lay

Heavy Lift

Export linesDeepwater infield linesUltra deepwater infield lines (very high tensions)

Subsea Heavy

Lift

J-Lay &

Reel-Lay

J-Lay &

Reel-Lay

19

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Growing Diversified Backlog

Backlog

Subsea backlog

2009 2010 Sept. 302012

10,416

8,018

9,228

13,518

Onshore/Offshore backlog

€ million

20112008

7,208 Asab 3, UAE

G1201

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2012 Full Year Outlook1

Group revenue towards €8.0 billion (formerly between €7.65 and €8.0 billion)

Subsea revenue at least €3.50 billion (formerly between €3.35 and €3.50 billion), with operating margin2 around 15% (unchanged)

Onshore/Offshore revenue around €4.3 billion (formerly between €4.3 and €4.5 billion), with operating margin2 between 6.5% and 7% (formerly between 6% and 7%)

1 based on year-to-date average exchange rates2 from recurring activities

MWCS buoyancy can

Apache II

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3. Annex

Page 23: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

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A World Leader Bringing Innovative Solutions to the Oil & Gas Industry

Onshore/Offshore

Proven track record with customers & business partners

Engineering & constructionProject execution expertise

KnowhowHigh added-value process skillsProprietary platform designOwn technologies combined with close relationship with licensors

Low capital intensity

Worldwide leadershipUnique vertical integration

Design & Project ManagementManufacturing & SpoolingInstallationR&D

First class assets and technologies

Manufacturing plantsHigh performing vesselsAdvanced rigid & flexible pipes

Subsea

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Two Complementary Business Models Driving Financial Structure and Performance

(1) from recurring activities

Subsea Onshore/Offshore

Operating Income1

Operating Margin1

Capital intensive: fleet and manufacturing unitsVertical integration from engineering to manufacturing & construction

Negative capital employed: low fixed assetsHigh degree of outsourcing & sub-contracting

457 498

FY 10 FY 11

16.7% 16.8%

FY 10 FY 11 3Q 12 3Q 12

207274

FY 10 FY 11

6.2%7.1%

FY 10 FY 11

€ million

Current Backlog

6,120

Operating Income1

Operating Margin1

Current Backlog7,399

Page 25: Technip : Third Quarter 2012 Results · 2 Safe Harbor his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical

Consolidated Statement of Financial Position

25

€ million

Dec. 31, 2011*

Sept. 30, 2012

Fixed Assets 5,520.6 5,892.5

Construction Contracts – Amounts in Assets 585.6 548.6

Other Assets 2,733.4 2,780.6

Cash & Cash Equivalents 2,808.7 2,287.3

Total Assets 11,648.3 11,509.0

Shareholders’ Equity 3,673.3 3,982.7

Construction Contracts – Amounts in Liabilities 700.0 858.2

Other Liabilities 5,123.6 4,564.3

Total Shareholders’ Equity & Liabilities 11,648.3 11,509.0

(*) Restated with preliminary assessment of purchase price allocation of Global Industries.

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25%

9%

13%21%

32%18%

40%12%

16%

12% 2%

26

Diversified Backlog Across Regions and Markets

Europe / Russia Central Asia

Africa

AsiaPacific

Americas

Middle East

€13,518million

Backlog by market splitAs of September 30, 2012

Backlog by geography

Subsea & OffshoreDeepwater>1,000 metersPetrochems

Other

Gas / LNG / FLNG

Refining /Heavy Oil

Subsea & Offshore Shallow Water

€13,518million

rev.1

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Investment in Key Subsea Assets

27

5

7, incl. 1 under construction

Plants

2007 New long term charters

North Sea Giant

18

34, incl. 5 under construction

Vessels

2007

Newbuild vessel in Norway, delivered in 2014

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2007 2008 2009 2010 2011 3Q 2012

2828

Investment in Talents Worldwide

35,000

23,500

Workforce Employee growth by geography since 2007

ContractedAcquisitionsRegular workforce

7%

27%

11%13%

14%

13%

15%

Rest of Europe

Africa, Middle East

AsiaPacificSouth

America

North America

Fleet

North Sea, Russia, CIS

rev.1

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National Oil Companies International Oil Companies

Diversified & Balanced Customer Base

29

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Onshore/Offshore Key Markets

30

Petrochemical & Ethylene

LNG & GTL

Floating LNG

Spar

Fixed platform

Expertise in Full Range of Offshore FacilitiesOnshore Downstream Unique Position

FPSOFertilizer

Refining

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High Performing Fleet of 34 Vessels1

Diving & multi support vessels

Flexible-Lay & Construction Rigid S-Lay and Heavy Lift

Deep Blue

Apache II

Skandi Niteroi G1200 G1201

Hercules Comanche

Deep Pioneer

Skandi Achiever Skandi Arctic Global Orion

Iroquois

Olympic Challenger

Normand Progress

Skandi Vitoria

Deep Energy2

Rigid Reel-Lay & J-Lay

11 units 5 units4 units

14 units

Sunrise 2000

Pioneer

Chickasaw

Deep Constructor

1 As of June 30, 20122 Vessels under construction

Deep Orient2

2 x 550t PLSV2 North Sea Giant

ST 2612

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FlexibrásVitória, Brazil

Flexi FranceLe Trait, France Asiaflex Products

Tanjung Langsat, Malaysia

Port of AçuAçu, Brazil

Flexible Pipe Manufacturing Plants

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Mobile, Alabama, USAOrkanger, Norway

Evanton, UK

Dande, AngolaCarlyss, Louisiana, USA

Offshore Manufacturing & Logistic Bases

Port of Angra, Brazil

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Umbilicals Manufacturing Plants

Duco IncHouston, USA

Duco Ltd Newcastle, UK

AngoflexLobito, Angola

Asiaflex Products Tanjung Langsat, Malaysia

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Providing Innovative Solutions for Offshore & Subsea Developments

35

Electrically Trace Heated Pipe-in-pipe

Carbon Fiber Armor Flexible Pipe

Reduction of deepwater riser weight

Active insulation improving tie-backs flow assurance

Floating LNG Spars

Solution for harsh waters

Breakthrough: develop remote gas reserves

Reduce pipelayvessel capacity requirements

Energy effective design and cost effective installation

14 delivered out of 17, plus 1 under construction and 2 ongoing design studies

World’s first reference under construction

Integrated Production Bundle

Improve flow assurance: multi-services and intelligent flexible pipe

Combines gas lift, electrical cables, electrical heating, fiber optic monitoring and chemical injection services in one pipe

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FLNG1, an Innovative Solution for our Customers

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Shell FLNG15 year master agreementLNG capacity: 3.6 mtpaPrelude FLNG in Australia under construction

Petronas FLNGLNG capacity: 1.2 mtpaOffshore MalaysiaFloating LNG 1 under construction by Technip

Floating LNG moving from concept to reality

2 facilities under construction after FEED completion

Several conceptual studies for various clients

(1) Floating Liquefied Natural Gas

Petrobras FLNG LNG capacity: 2.7 mtpaPre-salt basin, BrazilDesign competition won by Technip

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Acquisition of Stone & Webster Process Technologies

Acquisition completed on August 31, 2012

Cash consideration of ~€225 million

Perimeter excludes Toronto and Baton Rouge sites and all legacy EPC contracts retained by Shaw

Cost synergies (notably premises, IT) approximately €7 million, with one-off transaction and transition costs in 2012 of ~€15 million

The acquisition roughly doubles the revenues that Technip already generates from this type of activity to ~€400 million on a pro forma basis

Looking forward, the acquired business should generate margins above those of the Onshore/Offshore segment, as well as having a more robust and lower risk earnings profile

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Licensed proprietary technologies chosen at early stage of projects

Technology Strength Diversifies Our Revenue

Process Design / Engineering Proprietary Equipment Licenses

Design, supply and installation of critical proprietary equipment

Process design packages / engineering to guarantee plantperformance

Assistance to plant start-up and follow-up during plant production

38

~US$50 million*

Process Technologies

<US$5 million* <US$50 million*

* Project size order of magnitude

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Stone & Webster Process Technologies:Enhanced Portfolio of Downstream Technologies

Natural Gas

Refining

GTL

Hydrogen

Ethylene

Business Domains

39

LNG

Crude Oil

Cryogenic separationCooperation with Air Products and Chemicals, Inc. (APCI)

Exclusive co-developer of Sasol Fischer Tropsch reactor technology

Steam reformer proprietary technologyAlliance with Air Products

Ammonia technology licensing cooperation with Haldor Topsoe

Complementary proprietary technologies with different clients & geographic bases

Polyolefins and others

Residual Fluid Catalytic CrackingDeep Catalytic Cracking

Technip

Fertilizer

Intermediates

polymersderivatives

Technologies and Skills

Stone & Webster process technologies and associated oil and gas engineering capabilities

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Opportunities all Along the Gas Value Chain

Petrochemicals- Ammonia/Urea- Hydrogen- Polyethylene- Polyvinyl chloride…Steam cracker

(Ethylene)

Associated Gas

Non- Associated Gas

Natural Gas

Pipeline

Onshore Liquefaction

C5-12

C5-20

Methane (C1)

Ethane (C2)

C3/C4

Gasoline

Condensate

LPG

CO2 WaterSulphur

Oil Field Facilitiesinc. Shale oil

Gas Field Facilitiesinc. Shale gas

Offshore Liquefaction

Qatar LNG

Prelude FLNG, Australia

Oryx GTL, Qatar

Phu My Fertilizer, Vietnam

Gas Processing

Kupe, New Zealand

Yansab, Saudi Arabia

GTL

Coal bed methane

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Aberdeen

Paris

Luanda

Rio de Janeiro

Mumbai

Kuala Lumpur

Perth

Lagos

Vitória

Caracas

Dande

Lobito

Port Harcourt

BarcelonaLyon Rome

Athens

Düsseldorf

St. PetersburgEvanton

LondonNewcastle

Abu DhabiDoha

ChennaiBangkok

JakartaBalikpapan

Shanghai

Pori

Le Trait

Bogota

New Delhi

Regional Headquarters / Operating centers

Spoolbases

Manufacturing plants (flexible pipelines)Manufacturing plants (umbilicals)Construction yard

Tanjung Langsat

OsloOrkanger

Stavanger

Logistic bases

Angra Porto

CairoBaghdad

Al Khobar

Warsaw

Macaé

Accra

A Unique Worldwide Footprint

BatamSingapore

Dubaï

St. John’s

Houston

Los Angeles

Calgary

Monterrey

Mobile

Ciudad del Carmen

Carlyss

MexicoCity

Cambridge

Weymouth

Acu (under construction)

Milton KeynesThe Hague

SeoulAshgabat

RayongHo Chi Minh City

Miri

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Africa: Local Partner With Commitment to Long-term Presence

Pazflor, Subsea, Angola

West Delta Deep Marine Phase 7 & 8A, Subsea, Egypt

Jubilee, Subsea, Ghana

Fertilizer FEED, Onshore/Offshore, Gabon

Akpo FPSO, Onshore/Offshore, Nigeria

Key Projects

~700 people1st office founded in 1995

Technip in Africa

Engineering & project management centersUmbilical manufacturing plant: Angoflex, Angola

Spoolbase: Dande, Angola

Logistic base: Port Harcourt, Nigeria

Assets & Activities

Luanda

Lagos

Dande

Lobito

Port HarcourtAccra

Cairo

Regional Headquarter / Operating centers

Spoolbase

Manufacturing plant (umbilicals)Logistic base

Dande spoolbase, Angola

Angoflex, Angola

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Engineering & project management centersFlexible/umbilical manufacturing plant: Asiaflex, Malaysia, 1st and only one in Asia

Logistic base: Batam, Indonesia

Fabrication yard: MHB1, Malaysia, with solid platform track record,

Vessel

43

Asia Pacific: Dedicated Assets for High Potential Market

Perth

Bangkok

Shanghai

Singapore

Jakarta

Balikpapan

Tanjung Langsat

~6,700 peopleFounded in 1982

Technip in Asia Pacific

1 8% participation2 vessel under construction

Batam

Assets & Activities

Woodside GWF, Subsea, Australia

Prelude FLNG, Onshore/Offshore, Australia

FLNG FEED, Onshore/Offshore, Malaysia

Biodiesel plant, Onshore/Offshore, Singapore

Key Projects

Deep Orient2

Asiaflex, Malaysia

Regional Headquarter / Operating centers

Logistic baseFlexible & umbilical manufacturing plant

Kuala Lumpur

New Delhi

Mumbai

Chennai

Seoul

Miri

Rayong

Ho Chi Minh City

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Al-KhobarDoha

Abu Dhabi

Dubaï

Baghdad

Engineering & project management centersWide range of services: from conceptual and feasibility studies to lump sum turnkey projectsConstruction methods center & supervision hub

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Middle East: Largest Engineering Capacity in the Region

Operating centers

Assets & Activities

OAG Package 1 on Das Island Facilities, UAE

ASAB 3, UAE

Khafji Crude Related Offshore, Saudi Arabia and Kuwait

Upper Zakum 750K FEED, UAE

KGOC Export Pipeline, Saudi Arabia and Kuwait

Key Projects

~1,950 peopleFounded in 1984

Technip in Middle East

Asab 3, UAE

Upper Zakum 750+, UAE

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Regional Headquarter / Operating centers

Engineering & project management centers with Subsea, and Onshore/Offshore capabilitiesSpoolbases

Mobile, AlabamaCarlyss, Lousiana

Umbilical plant Channelview, Texas

Vessels

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North America: Solid Reputation With Enhanced Portfolio of Downstream Technologies

SpoolbasesManufacturing plants (umbilicals)

Assets & Activities

Reel-lay tie-backs in the Gulf of Mexico

Lucius Spar, Gulf of MexicoBP 10-year spar agreement, Gulf of MexicoShell subsea engineering frame agreement with Genesis, US & BrazilRecurring activities, US & Mexico

Light reel-layInspection, repair & maintenance, diving support & surveys

Key Projects

ChickasawDeep Blue1

1 Operating partly in the Gulf of Mexico

~3,500 peopleFounded in 1971

North America

Duco umbilical plant, USA

Mobile spoolbase, USA

Perdido Spar, Gulf of Mexico

PioneerCambridgeWeymouth

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~320 people

Over 50 years experience from Engineering to full EPC contracts

Venezuela

Latin America: Strong Relationships with Local Players

46

~660 people

Over 35 years experience

Specialized in refining & petrochemicals

Over 250 projects completed

Branches in Argentina & Peru

Colombia

~3,500 people

35 years experience

Brazil

*Technip JV with Inversiones Y Construcciones Estratégicas and Inversiones Ascona

*

Operating centersManufacturing plants (flexible pipelines)Logistic bases

Sincor refinery, Venezuela

Barrancabermeja refinery, Colombia

La Pampilla refinery, Peru

~380 people

Supported by Houston office

Mexico

Açu

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Brazil: 35 years of Local Presence

~3,500 PeopleFounded in 1977

Technip in Brazil

Papa Terra IPB, Subsea

Cubatao refinery, Onshore/Offshore

P-56 semi-submersible, Onshore/Offshore

Key Projects

Engineering & project management centersFlexible/umbilical manufacturing plant

Flexibras: since 1986Port of Açu: High-end flexible manufacturing plant1

Logistic baseCampos basin: FlexibrasSantos basin: Port of Angra

R&D and test center

Marine assets support base: Macaé

Vessels

Assets & Activities

Flexibras, Vitoria

Manufacturing plants (flexible pipelines)Regional Headquarter / Operating centers

Logistic bases

Angra MacaéAçuVitoria

Rio de Janeiro

1 under construction

Skandi NiteroiSkandi Vitoria

2 x 550t PLSV1Sunrise 2000

Deep Constructor

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Technip in Brazil: Steady Development to Provide Unmatched Local Content

2011Garoupa Platform 1st flexible pipe installed

100m water depth

Roncador Field Development & P-52 Platform

1,800m water depth

1977

2007

P-58/P-62 Brazilian FPSOs awardAcquisition of Angra Porto logistic base

2009

1st IPB2 in Brazil 1st Brazilian PLSV:

Skandi Vitória

2010

Flexibras: 1st Flexible plant1986

2001Acquisition of

UTC Engineering

1995

1st LTC1 with Petrobras: Sunrise

2nd Brazilian PLSV:Skandi Niteroi

~20 people

~3,500 people

~2,000 people

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1 Long Term Charter2 Integrated Production Bundle

Flexible pipe frame agreement

with Petrobras

2012

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Listed on NYSE Euronext Paris

Shareholding Structure, May 2012

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North America31.3%

Treasury Shares2.1%

Employees1.8%

IFP Energies Nouvelles2.5%

Rest of World19.6%

French Institutional Investors16.6%

Individual Shareholders5.7%

Others3.7%

UK & Ireland11.4%

Institutional Investors84.2%

FSI5.3%

Source: Thomson Reuters, Shareholder Analysis, May 2012

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50

Technip’s Share Information

ISIN: FR0000131708Bloomberg: TEC FP Reuters: TECF.PA SEDOL: 4874160

OTC ADR ISIN: US8785462099ADR: TKPPY

Convertible Bonds:OCEANE 2010 ISIN: FR0010962704OCEANE 2011 ISIN: FR0011163864

Private Placement Notes: ISIN: FR0010828095

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Bloomberg ticker: TKPPYCUSIP: 878546209

Depositary bank: Deutsche Bank Trust Company Americas

Depositary bank contacts:

ADR broker helpline: +1 212 250 9100 (New York) +44 207 547 6500 (London)

e-mail: [email protected] website: www.adr.db.comDepositary bank’s local custodian: Deutsche Bank Amsterdam

Technip has a sponsored Level 1 ADR

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Third Quarter 2012 Results