Technip & Floating LNG

A Breakthrough for Natural Gas Development

Philip Hagyard, Senior Vice President LNG/GTL Business Unit

Global E&P Investors Conference Call, April 4, 2013
 Safe Harbor
T his presentation contains both historical and forward-looking statements. These forward-looking statements are not based on historical
facts, but rather reflect our current expectations concerning future results and events and generally may be identified by the use of
forward-looking words such as “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 statements involve known and unknown risks, uncertainties and other factors that may cause
our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed
or implied by these forward-looking statements. Risks that could cause actual results to differ materially from the results anticipated in the
forward-looking statements include, among other things: our ability to successfully continue to originate and execute large services
contracts, and construction and project risks generally; the level of production-related capital expenditure in the oil and gas industry as
well as other industries; currency fluctuations; interest rate fluctuations; raw material (especially steel) as well as 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 in tax legislation, rules, regulation or enforcement; intensified price pressure by our competitors; severe weather
conditions; our ability to successfully keep pace with technology changes; our ability to attract and retain qualified personnel; the
evolution, interpretation and uniform application and enforcement 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; the fact that our operations may cause the discharge of
hazardous substances, leading to significant environmental remediation costs; our ability to manage 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 from those expressed in our forward-looking statements. These factors are not necessarily all of the important factors that
could cause our actual results to differ materially from those expressed in any of our forward-looking statements. Other unknown or
unpredictable factors also could have material adverse effects on our future results. The forward-looking statements included in this
release are made only as of the date of this release. We cannot assure you that projected results or events will be achieved. We do not
intend, and do not assume any obligation to update any industry information or 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 this presentation 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, in whole 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 of other jurisdictions.

2
 A World Leader Bringing Innovative Solutions to
the Energy Industry
ƒ A world leader in project management, engineering and construction for oil & gas,
chemicals and energy companies
ƒ Revenues driven by services provided to clients Onshore/Offshore and Subsea
ƒ Over 36,500 people in 48 countries
ƒ 2012 Revenues: €8.2 billion; Operating margin1 of 10% for the 4th year

1 from recurring activities

3
 A World Leader Bringing Innovative Solutions to
the Oil & Gas Industry
Subsea
ƒ Worldwide leadership
ƒ Unique vertical integration
ƒ R&D
ƒ Design & Project Management
ƒ Manufacturing & Spooling
ƒ Installation
ƒ First class assets and technologies
ƒ Technologically Advanced
Manufacturing plants
ƒ High performing vessels
ƒ Advanced rigid & flexible pipes
ƒ Very broad execution capabilities
4
Onshore/Offshore
ƒ Proven track record with customers &
business partners
ƒ Engineering & construction
ƒ Project execution expertise
ƒ Early involvement through conceptual studies
and FEEDs
ƒ Know how
ƒ High added-value process skills
ƒ Proprietary platform design
ƒ Own technologies combined with close
relationship with licensors
ƒ Low capital intensity
 Natural Gas: “a Good Combination of Compromises”

Shares of World Primary Energy

“Gas is the “lucky fuel”. It

may not be ideal, and it
might not be the first choice
of policymakers, society or
the media. That first choice
is often renewable energy,
Oil domestic coal or nuclear,
depending on the political
Coal context. Indeed, gas is
rarely the cheapest,
Gas cleanest, or most secure
energy source - but its key
advantage is that it is a
Hydro good combination of
compromises.”
Nuclear
Maria van der Hoeven,
Renewable International Energy Agency
Executive Director
World Gas Conference,
Kuala Lumpur,
June 5, 2012

Source: BP Energy Outlook 2030, January 2013

5
 Mismatch Between Gas Reserves and Demand

32%
2%
17%
27% 17%
5%
15%
4%

40% 13%
8%
3%
4%
5%
3%
5%

% of proved gas reserves by region, including unconventional gas from CEDIGAZ 2012 Edition

% of gas consumption by region from 2013 BP Energy Outlook 2030

Major gas trade movements LNG1

Major gas trade movements pipeline1

1 Simplified trade movements
6
 Skill to Handle Wide Variety of Well Head Gas
Compositions

Non Associated Gas Associated Gas

Undesirable / no value
components

Hydrocarbons

Source: Gas compositions on a sample of projects done by Technip

7
 Opportunities all Along the Gas Value Chain

Onshore
Liquefaction
Oil Field Facilities
inc. Shale oil Natural Qatar LNG
Gas
Pipeline
Kupe, New Zealand
Associated Gas
Offshore
Coal bed Liquefaction
methane Gas Processing
Methane (C1)
Non- Associated Gas
Prelude FLNG, Australia

Gas Field Facilities

inc. Shale gas CO2 Sulphur Water

GTL

Oryx GTL, Qatar

C3/C4 Petrochemicals
LPG
- Ammonia/Urea
C5-12 Yansab, Saudi Arabia - Hydrogen
Gasoline - Polyethylene
C5-20 Steam cracker - Polyvinyl chloride…
Condensate Ethane (C2) (Ethylene) Phu My Fertilizer, Vietnam

8
 LNG, FLNG & GTL Investment Drivers
LNG
ƒ High demand for LNG worldwide
ƒ Marketing flexibility vs pipelines
ƒ Technology readily available under
license with well developed
service industry
ƒ Good returns through long term
sales agreements
ƒ Access to resources for IOC’s
9
FLNG
ƒ Ideal for reserves located far
offshore in deep water
ƒ Economically attractive in areas
with high onshore construction
costs
ƒ Potential for reduction of overall
field development time
ƒ Development of small fields with
relocation
ƒ Monetize offshore associated gas
versus re-injection or flaring
GTL
ƒ Economically attractive with an
increasing spread between oil and
gas prices
ƒ Regions close to consumer
markets and/or without direct sea
access
ƒ Lower product distribution costs
ƒ Alternative solution to monetize
gas for investors with technology
 All the know-how and talents to better
manage projects, risks and interfaces

Onshore LNG Plant

Offshore floating facilities

Technip in Paris Subsea field development Floating LNG

10 Technip & FLNG

 Leading Onshore LNG Player for Over 45 Years

ƒ In-depth technical know-how and EPC contractor

ƒ Developed and use our own liquefaction process

Camel, Algeria 1964

ƒ Built the first ever LNG plant 45 years ago in Algeria

ƒ Introduced many concepts to the industry that are widely

used today

ƒ Delivered 30% of world LNG production capacity in the last

12 years

Yemen LNG, 2010

11
 Technip: Extensive Experience in Large FPSO’s

FPSO's Installed or Planned by Year and Size

50 000

Built by FLNG
45 000
forecast
Technip
40 000
Akpo
N’Kossa
35 000
Topside Dry Weight: tons

Girassol
30 000 Dalia

25 000
P-58 & P-62
20 000
Akpo FPSO, Nigeria, 320 x 60m,
Largest ever
15 000

10 000

5 000

0
1964

1966

1968

1970

1972

1974

1976

1978

1980

1982

1984

1986

1988

1990

1992

1994

1996

1998

2000

2002

2004

2006

2008

2010

2012

2014

2016

2018

2020

2022

2024
Year Installed Source: Infield February 2008

12 Technip & FLNG

 FLNG will use FPSO construction methods
Hull leaving dry dock

Module installation and integration

Akpo FPSO

Dalia FPSO

13
 FLNG: Onshore to Offshore Volume Optimization

Onshore LNG: Yemen

FLNG

14
 Example of Floating LNG Layout

Cryogenic Export System

Flare

Liquefaction
Power Generation
& Utilities

Connection with
Pre-treatment Turret

Storage Inside the Hull

Control Room
& Living Quarter

Source: 2009 Technip R&D Study

15 Technip & FLNG

 FLNG: Solving Marine Environment Challenges

Mechanical
ƒ Offloading LNG between two vessels on the high seas
ƒ Importing large quantities of high pressure feed gas
on a floating facility
ƒ Equipment and piping loads generated by motion
ƒ LNG tank sloshing over 25 years without dry docking
ƒ Maintenance
ƒ Marine environment (salt, humidity…) Offshore offloading system

Process
ƒ Gas processing facilities to be adapted to marine
environment
ƒ Compact design (weight and volume)
ƒ Designing for motion compared to static onshore plant “ALLS” Cryogenic export system

16
 FLNG: Leader with First Mover Advantage

ƒ Shell
ƒ 15 year frame agreement
ƒ LNG capacity: 3.6 mtpa1
ƒ Prelude FLNG in Australia
under construction
ƒ Petronas
ƒ LNG capacity: 1.2 mtpa
ƒ Offshore Malaysia
ƒ Execution started in
June 2012

1 Million tones per annum

17
 Shell Floating Liquefied Natural Gas Contracts
Technip leader in a consortium with Samsung

ƒ Jul. 2009 Master Agreement

The design, construction and installation of
multiple FLNG facilities over 15 years

ƒ Jul. 2009 FEED launched for Generic FLNG

ƒ Mar. 2010 FEED launched for Prelude FLNG
Offshore Western Australia

ƒ Mar. 2010 EPCI for Prelude FLNG

Contract under which the FLNG would be built
when the project received the final investment
decision

ƒ May 2011 Notice To Proceed: Prelude FLNG

ƒ Jun. 2012 Subsea Scope: Prelude FLNG
ƒ Dec. 2012 Agreement to strengthen FLNG
collaboration

18 Petroleum Club of Western Australia, Perth Feb 2013

 Shell Prelude FLNG
ƒ 488 x 74 meters
ƒ 600,000 ton weight with tanks full
ƒ 3.6 Mtpa LNG capacity
Australia
ƒ 1.3 Mtpa condensate production
ƒ 0.4 Mtpa LPG production
ƒ Total liquid production: 110,000 boe/day
ƒ 200km from the nearest point on the mainland
ƒ 200 - 250 meters water depth
Prelude FLNG: 488 m
Akpo FPSO: 320 m

19 Petroleum Club of Western Australia, Perth Feb 2013

 Shell Prelude FLNG Status

ƒ Prelude FLNG is being built in Geoje , South Korea in our partner’s shipyard
ƒ One of the largest dry dock in the world
ƒ A yard equipped with a 8,000 ton capacity floating crane
ƒ First steel cutting of the hull started in October 2012
ƒ First steel cutting of the topsides started in January 2013
ƒ Engineering and procurement progressed significantly

Construction of Turret

20 Technip & FLNG

 FLNG Opportunities in Australia

Woodside Sunrise
Conoco Barossa / Caldita
PTTEP Cash Maple
Shell Crux
Conoco Poseidon
GDF Suez Bonaparte
Woodside Browse
Shell Prelude

Exxon Scarborough
Northern Territory

Queensland

Western Australia

South Australia

New South Wales

Victoria

21
 FLNG: New Opportunities for Oil and Gas
Producers
ƒ Cost optimization in areas with high construction
costs
ƒ Deeper and further offshore reserves
Economics ƒ Pipeline too complicated or too long
ƒ Insufficient reserves for dedicated onshore LNG plant
ƒ Monetize associated gas rather than re-injection or
flaring

ƒ Environment
Other
ƒ Potential redeployment

Floating LNG mainly driven by economics

22 Technip & FLNG

 Tomorrow: Drivers for FLNG Global Prospects

Arctic Circle
ƒ Remote Fields

Canada
ƒ Nearshore
ƒ Offshore East Coast
ƒ High cost of onshore
Petronas FLNG, Malaysia
construction
Africa
ƒ Better security offshore Asia / Pacifique
ƒ Remote fields and deep water ƒ Many small fields
ƒ Presence of subsea trenches

Brazil
Australia
ƒ Pre-Salt Associated Gas
ƒ Difficult access to land ƒ Remote fields
ƒ Remote fields and deep ƒ Sensitivity to construction on
water the coastline
ƒ High cost of onshore
construction

Shell Prelude FLNG, Australia

23 Technip & FLNG

 Other Gas Monetization Topics: GTL is One

ƒ Shale gas revolution boosts the US market

ƒ Important investments for Petrochemical plants, but also LNG and GTL
ƒ Several IOCs are applying in the USA for LNG export and operation
licences
ƒ Many GTL facilities are being studied (FEED) and EPC projects should
be awarded within 3 - 5 years

GTL Unit Ethylene Cracker

24 Technip & FLNG

 GTL: Alternative Solution to Monetize Gas,
Mastered by Technip

“Ancillary”
Utilities/Off-sites Process Units
Process Units

25
 Solid Track Record with a GTL Major: Sasol
ƒ ORYX GTL Complex, Qatar, EPC
ƒ ORYX GTL Ltd.: JV between Qatar Petroleum &
Sasol
ƒ Largest GTL train when awarded: 34,000 boe/d1
of GTL diesel, naphta and LPG2
ƒ Completed in 2006
26
ƒ UZGTL, Uzbekistan, FEED
ƒ Uzbekistan GTL: JV of Uzbekneftegas , Sasol
& Petronas
ƒ Capacity: 34,000 boe/d of GTL diesel,
kerosene, naphtha and LPG
ƒ 1st GTL in Uzbekistan, FEED completed
ƒ Bidding for execution phase ongoing
Oryx GTL, Qatar
1 Barrel or equivalent per day
2 Liquid petroleum gas
 LNG, FLNG & GTL Local Execution Capabilities
Supported by Centers of Expertise

Europe
ƒ Know-how and solid track-records in
LNG, FLNG & GTL

USA
ƒ LNG: Liquefaction and
regasification
India
ƒ Offshore: Floating platforms ƒ Detailed engineering support

ƒ Subsea: Major center

Asia Pacific
ƒLNG & FLNG
ƒOffshore: Floating platform expertise
ƒSubsea: Growing

27
 Gas Related Market Environment
Arctic: remote areas with large reserves
ƒ LNG

North America: shale gas driven

ƒ Gas plants
ƒ LNG terminal conversion
ƒ GTL Middle East: growing downstream
ƒ Petrochemical ƒ Petrochemicals
ƒ LNG imports
ƒ Gas plants (new and upgrades)

Africa: political uncertainties,

LatAm: local demand driven by large recent discoveries Asia Pacific: economic growth driving
ƒ LNG all sectors
economic growth
ƒ Fertilizers ƒ
ƒ Petrochemicals FLNG
ƒ Fertilizers ƒ LNG, including mini LNG
ƒ Petrochemicals
ƒ Fertilizers

Brazilian deepwater associated gas

28
Thank You
 5. Annex

30
 Diversified & Balanced Customer Base

National Oil Companies International Oil Companies

31
 Two Complementary Business Models
Driving Financial Structure and Performance
€ million

Subsea Onshore/Offshore

Operating Operating Operating Operating

Backlog Backlog
Income1 Margin1 Income1 Margin1
8,201
6,050
603
498 16.8% 290
14.9% 274 7.1% 7.0%

FY 11 FY 12 FY 11 FY 12 FY 12 FY 11 FY 12 FY 11 FY 12 FY 12

ƒ Capital intensive: fleet and ƒ Negative capital employed:

manufacturing units low fixed assets
ƒ Vertical integration from ƒ High degree of outsourcing
engineering & sub-contracting
to manufacturing & construction
(1) from recurring activities
32
 2012: Year of Growth

Financials Achievements

ƒ Revenue increased by 20%, to €8.2 billion ƒ Portfolio diversification maintained

ƒ Operating margin(1) at 10% for the 4th year ƒ Technology and expertise driving order intake

ƒ Net income of €540 million ƒ Global footprint strengthened and workforce

expanded to 36,500 people

ƒ €14 billion backlog, with €12 billion order

intake ƒ Strategic acquisitions and alliances

Performance in line with our objectives

(1) from recurring activities

33
 Fourth Quarter Subsea Highlights
€ million

ƒ Offshore main operations completed Revenue

ƒ Vigdis NE field development, Norway 1,200

ƒ Jubilee 1A, Ghana 964

ƒ Main ongoing projects

ƒ Boyla field development, Norway
ƒ Goliat, Barents Sea 4Q 11 4Q 12

ƒ Golden Eagle, UK
Operating Income1
ƒ BC-10 phase 2, Brazil
179
ƒ Guara & Lula Nordeste, Brazil 158 16.4%
14.9%
ƒ Mariscal Sucre, Venezuela
ƒ CLOV umbilical supply, Angola

ƒ Overall group vessel utilization

rate: 78% 4Q 11 4Q 12 4Q 11 4Q 12

(1) from recurring activities

34
 Fourth Quarter Onshore/Offshore Highlights
€ million

ƒ Upstream
ƒ Asab 3, UAE Revenue
ƒ Ichthys FPSO, Australia 1,050 1,100

ƒ Lucius Spar, Gulf of Mexico

ƒ Hejre platform, Denmark

ƒ Gas, LNG & FLNG

4Q 11 4Q 12
ƒ PMP, Qatar
ƒ Prelude FLNG, Australia Operating Income1
ƒ Petronas FLNG 1, Malaysia 79 7.2%
68 6.5%

ƒ Downstream
ƒ Burgas, Bulgaria
ƒ Jubail, Saudi Arabia
4Q 11 4Q 12 4Q 11 4Q 12
ƒ Elastomer complex, Thailand
ƒ Several engineering / FEED contracts in
different countries
(1) from recurring activities

35
 FY 2012 Segment Financial Highlights
€ million

Onshore/Offshore Subsea

Revenue Revenue
4,156 4,048
3,841
2,972

FY 11 FY 12 FY 11 FY 12

Operating Margin(1) Operating Margin(1)

7.1% 7.0% 16.8%
14.9%

FY 11 FY 12 FY 11 FY 12
(1) from recurring activities

36
 FY 2012 Order Intake & Backlog
€ million

ƒSubsea order intake Order intake Backlog

6,050
ƒ Quad 204, UK 5,335
4,097 4,380
ƒ Greater Stella field development, UK
ƒ Åsgard subsea compression, Norway
ƒ Bøyla field development, Norway
ƒ Jubilee phase 1A, Ghana FY 11 FY 12 FY 11 FY 12

ƒ GirRI project phase 2, Angola

Order intake Backlog
ƒ Onshore/Offshore order intake 8,201
6,314
ƒ Aasta Hansteen Spar, Norway 6,036
3,878
ƒ Martin Linge platform, Norway
ƒ Malikai tension leg platform, Malaysia
ƒ Burgas refinery, Bulgaria FY 11 FY 12 FY 11 FY 12
ƒ Ethylene XXI, Mexico

37
 A Solid Platform for Profitable Growth
Backlog by Geography Backlog by Market Split

Others 1% 2%
Africa 9%
13% 16% 12%
Petrochems
11%
Refining / 14%
12%
Heavy Oil

29% 12%
Middle East 48%
Gas / LNG /
FLNG 37%

21% 42%

Americas 18%
Shallow Water(1) 11%

Asia Pacific 12% 30% Deepwater(1)

23%
>1,000 meters 18%
Europe / Russia 9%
Central Asia
Dec. 2006 Dec. 2012 Dec. 2006 Dec. 2012
(1) Includes offshore platforms and subsea projects

Backlog as of December 31st, 2012: €14.2 billion

38
 Consolidated Statement of Financial Position
€ million (audited)

Dec. 31, Dec. 31,

20111 2012
Fixed Assets 5,662.0 6,022.2

Construction Contracts – Amounts in Assets 588.0 454.3

Other Assets 2,711.8 2,815.2

Cash & Cash Equivalents 2,808.7 2,289.3

Total Assets 11,770.5 11,581.0

Shareholders’ Equity 3,673.3 4,014.4

Construction Contracts – Amounts in Liabilities 724.3 873.0

Financial Debts 2,151.6 2,106.1

Other Liabilities 5,221.3 4,587.5

Total Shareholders’ Equity & Liabilities 11,770.5 11,581.0

(1) Restated with assessment of purchase price allocation for Global Industries

39
 Net Cash Position

3 Months
€ million

2012 Capital Expenditures: €519 m

Net Cash Position as of
183.5 4%
September 30, 2012
3%
Others
Cash Generated from / (Used in) Onshore/
226.1
Operations Offshore
33%
Change in Working Capital
3.2
Requirements Recurring
21% Capex(2)
Capital Expenditures (161.3)
Manufacturing
(1)
Other including FX Impacts (68.3) plants
39%
Net Cash Position as of
183.2
December 31, 2012
Fleet
(1) Includes impact of assessment of purchase price allocation of Global Industries
(2) Includes fleet maintenance, corporate & IT

2013 Capex expected at a similar level

40
 Steady Dividend Increase

Dividend per share (€) 2008 - 2012

(1)
CAGR: +9% 1.68
1.58

1.45
1.35

1.20

2008 2009 2010 2011 2012

(1) Recommendation of Technip’s Board of Directors to be approved during the Annual General Meeting

41
 Investment in Key Subsea Assets

Plants
5
2007 New long-term charters

7, incl. 1 under
construction

North Sea Giant

Vessels
18
2007

Newbuild vessel in Norway, delivery in 2014

33, incl. 5 under

construction

As of December 31, 2012

42
 Onshore/Offshore Key Markets

Onshore Downstream Unique Position Expertise in Full Range of Offshore Facilities

Petrochemical &
Floating LNG
Ethylene

Refining Spar

LNG & GTL Fixed platform

Fertilizer FPSO

43
 Subsea Vertical Integration:
Customer Support from Concept to Execution
Concept Execution

Project Engineering & Procurement

P
R
Upstream O Manufacturing
Engineering J
With E ƒ Flexible risers ƒ Rigid Pipeline ƒ Umbilicals
C and flowlines Welding/Spooling
Genesis1
T
ƒ Pre-FEED* and
FEED M
ƒ Offshore field A
development N
Installation
studies A ƒ Flexible-lay ƒ Heavy-lift for
ƒ Rigid Reel-lay
ƒ Innovative G ƒ Umbilical-lay Subsea
technology E ƒ Rigid J-lay infrastructure
solutions for ƒ Associated
M ƒ Rigid S-lay ƒ Offshore topside
platform and construction
E installation
subsea challenges
N
T
Support, Diving & Logistics

R&D, Proprietary Software & Hardware

1 Genesis Oil & Gas Consultants, a wholly owned subsidiary of Technip

2 FEED: Front End Engineering Design
44
 Delivering Best-for-Project Solutions Through
Genesis

ƒ Genesis: A wholly owned subsidiary of

Technip
ƒ Provide independent, early phase
engineering support to concept selection
ƒ Fixed and floating platform configuration and selection
ƒ Subsea architecture development and component selection

ƒ Provide subsea engineering services from

FEED through execution and operation
ƒ Project management / engineering management
ƒ Flow assurance
ƒ Deepwater expertise
ƒ Subsea production systems
ƒ Pipelines & risers
ƒ Risk & integrity management

Over 1,300 dedicated Engineers and Designers

45
 Commercial Alliance with Heerema

ƒ 5-year worldwide alliance agreement combining

capabilities for EPCI projects in ultra-deepwater

ƒ Working together through ad-hoc JV, consortiums or

subcontract arrangements to best answer client
requirements

ƒ Alliance effective immediately on an exclusive basis

ƒ First successes expected in 2013/2014, with offshore

phases in 2015 and beyond

46
 Ultra-Deepwater Challenges

Deeper water and Vessels with higher tension pipe

heavier pipes laying capacities

Vessels with higher

Heavier subsea equipment
lifting/abandonment capacity

Larger developments Increasing use of EPCI contracts

with contracting interfaces requiring extensive project
increasingly difficult to manage management and execution
by operators experience

State‐of‐the‐art vessels and

Increasing
experienced project
QHSE1 requirements
management required

1 Quality, Health, Safety & Environment

47
 Helping Clients to Develop
Ultra-deepwater Fields

ƒ Geographical footprint covers key subsea

markets worldwide (engineering, sales &
business development, yards, spoolbases,
flexible & umbilical plants)
Unique set of capabilities for ultra-
ƒ Track record in engineering & project deepwater market:
management of complex projects
ƒ Experienced engineering & project
ƒ Financial strength to endorse large contract management
responsibility ƒ High capacity vessels
ƒ State-of-the-art laying technologies
(J-, Reel-, S- and Flex-Lay)
ƒ Logistic and construction network
(yards, plants)
ƒ Installation capabilities for Ultra-Deepwater
ƒ Sales & business development
ƒ Extensive track record of fabrication and network
installation of heavy and specialized pipelines
ƒ Capabilities for remote areas lacking
infrastructure, thanks to liftable reel-lay system

48
 Our New Pipelay Vessels:
Deep Orient & Deep Energy
Deep Orient

Deep Energy

49
 High Performing Fleet of 33 Vessels1

Flexible-Lay & Construction Rigid Reel-Lay & Rigid S-Lay and Heavy Lift
J-Lay
11 units 4 units 5 units

Skandi Vitoria Skandi Niteroi G1200 G1201

Deep Blue

Deep Sunrise
Constructor 2000
Deep Pioneer

Hercules Comanche
Apache II
Normand
ST 2612
Progress
Deep Orient2

2 x 550t PLSV2 North Sea Giant Deep Energy2 Chickasaw Iroquois

Diving & multi

support vessels

Skandi Achiever Olympic Challenger Skandi Arctic Global Orion Pioneer

13 units
1 As of December 31, 2012
2 Vessels under construction
50
 Flexible Pipe Manufacturing Plants

Flexi France Asiaflex Products

Le Trait, France
Tanjung Langsat, Malaysia

Flexibrás
Vitória, Brazil

Port of Açu
Açu, Brazil

51
 Offshore Manufacturing & Logistic Bases

Mobile, Alabama,
Orkanger, Norway
USA

Evanton, UK

Port of Angra, Brazil

Dande, Angola
Carlyss, Louisiana,
USA

52
 Umbilicals Manufacturing Plants

Duco Ltd
Newcastle, UK

Duco Inc
Houston, USA

Asiaflex Products
Tanjung Langsat, Malaysia
Angoflex
Lobito, Angola

53
 Providing Innovative Solutions for Offshore &
Subsea Developments

Carbon Fiber Armor Integrated Production Electrically Trace

Floating LNG Spars
Flexible Pipe Bundle Heated Pipe-in-pipe

ƒ Breakthrough: ƒ Solution for harsh ƒ Reduction of ƒ Improve flow ƒ Active insulation

develop remote gas waters deepwater riser assurance: multi- improving tie-backs
reserves weight services and flow assurance
intelligent flexible
pipe

ƒ World’s first ƒ 14 delivered out of ƒ Reduce pipelay ƒ Combines gas lift, ƒ Energy effective
reference under 17, plus 4 ongoing vessel capacity electrical cables, design and cost
construction projects requirements electrical heating, effective installation
fiber optic monitoring
and chemical
injection services in
one pipe

54
 Differentiating Technologies:
2012 Industry and Technip Firsts

Subsea Onshore & Offshore

ƒ Islay electrically traced heated pipe- ƒ Petronas FLNG 1

in-pipe ƒ Contract award to design the 1st Malaysian FLNG, the
second FLNG in the world after Shell Prelude FLNG
ƒ World 1st ETH-PIP installed in the North Sea, awarded to Technip in 2011
improves flow assurance and reduces operating
costs ƒ Aasta Hansteen Spar
ƒ EPC contract to design and build the 1st Spar for Norwegian
ƒ Large diameter S-Lay waters leveraging our long-term relationship with Korean
yards
ƒ G1200 vessel to lay 30” pipeline for Discovery
System in the Gulf of Mexico
ƒ G1201 vessel laid 30’’ pipeline for Liwan project ƒ Ethylene crackers for Reliance Industries in
offshore China India and CP Chem in the USA
ƒ Technology and engineering services contract to design
ƒ Leading edge tie-in world-scale ethylene crackers using proprietary technology
from Technip and former Stone & Webster
ƒ Industry first diverless hot-tap with the Skandi Arctic
in the North Sea
ƒ JBF Petrochemicals Ltd. PTA plant
ƒ World-scale purified terephthalic acid (PTA) plant in India
ƒ Pre-salt flexible pipe leveraging Technip's long lasting collaboration with BP for
ƒ Contract to supply Guara Lula NE pre-salt gas PTA technology
injection flexible pipes designed for 2,250 meter
water depth at 552 bars, in Brazil
55
 Acquisition of Stone & Webster Process
Technologies

ƒ Acquisition completed on August 31, 2012

ƒ Cash consideration of ~€225 million

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

ƒ Cost synergies (notably premises, IT) approximately €7 million, with one-off

transaction and transition costs in 2012 of ~€15 million

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

ƒ 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

56
 Technology Strength Diversifies Our Revenue
Licenses
ƒ Licensed proprietary technologies
chosen at early stage of projects
<US$5 million*
* Project size order of magnitude
57
Process Technologies
Process Design / Engineering Proprietary Equipment
ƒ Process design packages / ƒ Design, supply and installation of
engineering to guarantee plant critical proprietary equipment
performance
ƒ Assistance to plant start-up and
follow-up during plant production
<US$50 million* ~US$50 million*
 Stone & Webster Process Technologies:
Enhanced Portfolio of Downstream Technologies
Business Domains Technologies and Skills

ƒ Cryogenic separation
LNG ƒ Cooperation with Air Products and Chemicals, Inc.
(APCI)

GTL ƒ Exclusive co-developer of Sasol Fischer Tropsch

reactor technology

ƒ Steam reformer proprietary technology

Natural Gas Hydrogen
ƒ Alliance with Air Products

ƒ Ammonia technology licensing cooperation with

Fertilizer
Haldor Topsoe

ƒ Complementary proprietary technologies with

Ethylene
different clients & geographic bases

Intermediates
derivatives ƒ Polyolefins and others
polymers

ƒ Residual Fluid Catalytic Cracking

Crude Oil Refining
ƒ Deep Catalytic Cracking

Technip
58 Stone & Webster process technologies and associated oil and gas engineering capabilities
 Worldwide Organization Dedicated to
Downstream Technologies

Milton Keynes
Cambridge Zoetermeer
Beijing
Claremont Paris
Rome
Houston
Abu Dhabi
Mumbai Kuala Lumpur /
Singapore

Operating centers Associated operating centers Sales offices

ƒ Technip Stone & Webster Process Technology

ƒ Team of ~1,200 people with specialists from both companies
ƒ Cutting edge technologies in refining, hydrogen, ethylene, petrochemicals & GTL
ƒ ~€400 million of revenue on a pro forma basis

ƒ Why
ƒ Reinforce Technip’s position as a technology provider to the downstream industry, with
positive feedback from clients
ƒ Additional revenue streams from enhanced technology and high-end proprietary solutions
ƒ Strengthened commercial relationship with clients at early stages of projects

59
 Technip Stone & Webster Process Technology
Leading Position in Growing Markets

Strong Track Record Recent Key Projects

ƒ ~35% installed capacities with ~120 references ƒ CP Chem cracker, USA
S&W Ethylene
ƒ ~25% of licensing over the past 10 years ƒ Braskem Comperj petrochemical complex, Brazil

ƒ Braskem / Idesa Ethylene XXI, Mexico

Technip Ethylene ƒ ~25% of installed capacities over the past 10
years including 7 EPC ƒ Reliance cracker, India

ƒ Leading position around key proprietary ƒ EBSM1: El Dekila Egyptian Polystyrene Prod. Co., Egypt
Petrochemicals
technologies1 through Badger JV ƒ Cumene: Lihuayi Weiyuan Chemical Co. Ltd., China

ƒ Strong track-record and technology partnership ƒ Sasol Uzbekistan GTL, Uzbekistan

GTL
with Sasol ƒ Sasol Oryx plant, Qatar

ƒ Resid FCC2: world leader, >75 references ƒ Resid FCC2: Takreer, UAE
Refining
ƒ DCC2: unrivalled performance, >10 references ƒ DCC2: Petro-Rabigh, Saudi Arabia & IRPC, Thailand

ƒ World leader with ~40% market share, inc. ƒ McKee & Memphis refineries, USA
Hydrogen
alliance with Air Products, >240 references ƒ Petrochina Chengdu refinery, China

(1) Ethylbenzene / Styrene Monomer (EBSM), Cumene, Bisphenol A (BPA)

(2) RFCC: Resid Fluid Catalytic Cracking. DCC: Deep Catalytic Cracking

60
 A Unique Worldwide Footprint

Orkanger
Evanton Oslo Pori
Aberdeen Stavanger St. Petersburg
St. John’s Newcastle Milton Keynes Warsaw
London The Hague
Calgary Cambridge Le Trait Düsseldorf
Paris
Lyon Rome
Los Angeles Weymouth Ashgabat
Barcelona Athens Seoul
Houston Baghdad
Mobile Cairo Al Khobar
New Delhi Shanghai
Carlyss Dubaï
Monterrey Doha
Mexico Ciudad del Abu Dhabi Mumbai Bangkok
City Carmen Chennai Rayong
Ho Chi Minh City
Caracas Lagos
Kuala Lumpur Tanjung Langsat
Accra Port Harcourt Miri
Singapore
Bogota Batam Balikpapan
Dande Jakarta
Luanda
Lobito
Vitória
Acu (under construction)
Macaé
Angra Porto Rio de Janeiro
Perth

Regional Headquarters / Operating centers

Manufacturing plants (flexible pipelines)
Manufacturing plants (umbilicals)
Construction yard
Logistic bases
61 Spoolbases
 Africa: Local Partner With Commitment
to Long-term Presence
Technip in Africa
Assets & Activities
ƒ ~750 people
ƒ Engineering & project management ƒ 1st office founded in 1995
centers Cairo

ƒ Umbilical manufacturing plant:

Angoflex, Angola
ƒ Spoolbase: Dande, Angola
ƒ Logistic base: Port Harcourt, Nigeria
Lagos
Accra Port Harcourt
Key Projects
ƒ Pazflor, Subsea, Angola Dande
Dande spoolbase, Angola
ƒ West Delta Deep Marine Phase 7 & 8A, Luanda
Subsea, Egypt Lobito

ƒ Jubilee, Subsea, Ghana

ƒ Fertilizer FEED, Onshore/Offshore, Gabon
ƒ Akpo FPSO, Onshore/Offshore, Nigeria

Regional Headquarter / Operating centers Angoflex, Angola

Manufacturing plant (umbilicals)
Logistic base
As of December 31, 2012
Spoolbase

62
 Asia Pacific:
Dedicated Assets for High Potential Market
Assets & Activities
Technip in Asia Pacific
ƒ Engineering & project management centers
ƒ ~8,500 people
ƒ Flexible/umbilical manufacturing plant: Asiaflex,
ƒ Founded in 1982
Malaysia, 1st and only one in Asia
ƒ Logistic base: Batam, Indonesia
ƒ Fabrication yard: MHB1, Malaysia, with solid
platform track record, Seoul

ƒ Vessel New Delhi

Shanghai
Mumbai

Deep Orient2 Bangkok Rayong

Chennai
Ho Chi Minh City
Tanjung Langsat
Kuala Lumpur Miri

Key Projects Singapore

Balikpapan
Batam
ƒ Woodside GWF, Subsea, Australia Jakarta

ƒ Prelude FLNG, Onshore/Offshore, Australia

Asiaflex, Malaysia
ƒ FLNG FEED, Onshore/Offshore, Malaysia
ƒ Biodiesel plant, Onshore/Offshore, Singapore Perth

1 8% participation Regional Headquarter / Operating centers

2 vessel under construction Flexible & umbilical manufacturing plant
As of December 31, 2012
Logistic base

63
 Middle East:
Largest Engineering Capacity in the Region

Assets & Activities Technip in Middle East

ƒ Engineering & project management ƒ ~2,300 people
centers ƒ Founded in 1984
ƒ Wide range of services: from
conceptual and feasibility studies to
lump sum turnkey projects Baghdad

ƒ Construction methods center &

supervision hub Al-Khobar
Doha
Dubaï

Abu Dhabi

Key Projects
Asab 3, UAE
ƒ OAG Package 1 on Das Island Facilities, UAE
ƒ ASAB 3, UAE
ƒ Khafji Crude Related Offshore, Saudi Arabia and Kuwait
ƒ Upper Zakum 750K FEED, UAE
Operating centers
ƒ KGOC Export Pipeline, Saudi Arabia and Kuwait

Upper Zakum 750+, UAE

As of December 31, 2012

64
 North America: Solid Reputation With Enhanced
Portfolio of Downstream Technologies
Assets & Activities
ƒ Engineering & project management centers with North America
Subsea, and Onshore/Offshore capabilities
ƒ ~3,900 people
ƒ Spoolbases
ƒ Mobile, Alabama ƒ Founded in 1971
ƒ Carlyss, Lousiana
ƒ Umbilical plant
ƒ Channelview, Texas Lucius Spar, Gulf of Mexico

ƒ Vessels

Deep Blue1 Chickasaw Pioneer

Cambridge
Weymouth
Key Projects Mobile spoolbase, USA

ƒ Reel-lay tie-backs in the Gulf of Mexico

ƒ Lucius Spar, Gulf of Mexico
ƒ BP 10-year spar agreement, Gulf of
Mexico
ƒ Shell subsea engineering frame
agreement with Genesis, US & Brazil Regional Headquarter / Operating centers
Manufacturing plants (umbilicals)
ƒ Recurring activities, US & Mexico Spoolbases Duco umbilical plant, USA
ƒ Light reel-lay 1 Operating partly in the Gulf of Mexico As of December 31, 2012
ƒ Inspection, repair & maintenance,
65 diving support & surveys
 Brazil: 35 years of Local Presence
Assets & Activities Technip in Brazil
ƒ Engineering & project management centers ƒ ~3,700 People
ƒ Flexible/umbilical manufacturing plants ƒ Founded in 1977
ƒ Flexibras: since 1986
ƒ Port of Açu: High-end flexible manufacturing plant1
ƒ Logistic base
ƒ Campos basin: Flexibras
ƒ Santos basin: Port of Angra
ƒ R&D and test center
ƒ Marine assets support base: Macaé
ƒ Vessels

Vitoria
Açu
Angra Macaé
Deep Constructor Skandi Vitoria Skandi Niteroi
Rio de
Janeiro

Sunrise 2000 2 x 550t PLSV1

Flexibras, Vitoria

Key Projects
ƒ Papa Terra IPB, Subsea Regional Headquarter / Operating centers
Manufacturing plants (flexible pipelines)
ƒ Guara & Lula Nordeste pre-salt development,
Logistic bases As of December 31, 2012
Subsea
1 under construction

ƒ Cubatao refinery, Onshore/Offshore

66
ƒ P-58 & P-62 FPSOs, Onshore/Offshore
 Technip in Brazil: Steady Development to Provide
Unmatched Local Content

Flexible pipe
frame agreement
with Petrobras
1st IPB2 in Brazil 2012
1st Brazilian PLSV:
Skandi Vitória
Roncador Field Development
& P-52 Platform
2010
1,800m water depth
2007 ~3,700 people
1st LTC1 with Petrobras:
Garoupa Platform
1st flexible pipe installed
Sunrise 2011
100m water depth 1995 2nd Brazilian PLSV:
Skandi Niteroi
1977 ~2,000 people
2009
2001
P-58/P-62 Brazilian FPSOs award
Acquisition of
~20 people Acquisition of Angra Porto logistic base
1986 UTC Engineering
Flexibras: 1st Flexible plant 1 Long Term Charter
2 Integrated Production Bundle
As of December 31, 2012

67
 Shareholding Structure, November 2012
North America
31.7% Employees
2.6%
Treasury Shares
2.0%
UK & Ireland
11.7% Others
Institutional 4.7%
Investors
83.1% Individual Shareholde
5.1%

Rest of World IFP Energies

18.1% Nouvelles
2.5%
FSI
5.2%
French Institutional Investors
16.4%

Listed on NYSE Euronext Paris

Source: Thomson Reuters, Shareholder Analysis, November 2012

68
 Technip’s Share Information

ISIN: FR0000131708
Bloomberg: TEC FP Reuters: TECF.PA SEDOL: 4874160

OTC ADR ISIN: US8785462099

ADR: TKPPY

Convertible Bonds:
OCEANE 2010 ISIN: FR0010962704
OCEANE 2011 ISIN: FR0011163864

Private Placement Notes: ISIN: FR0010828095

69
 Technip has a sponsored Level 1 ADR

Bloomberg ticker: TKPPY

CUSIP: 878546209
OTC ADR ISIN: US8785462099

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: adr@db.com
ADR website: www.adr.db.com
Depositary bank’s local custodian: Deutsche Bank Amsterdam

70