Technip operates in the Oil and gas field machinery sector. Technip is a France-based operator of gas and oil engineering, technologies and projects. The Company designs and builds high-technology industrial installations, such as subsea equipment and platforms, and onshore mega-complexes for the oil, gas and petrochemical sectors. It operates in three segments: Subsea, Offshore and Onshore. Technip has a fleet of vessels specialized in subsea pipelay, subsea construction, diving support and exploration. The Company's subsidiaries include Technip France, Technip Italy SpA, Technip UK Limited and Flexibras Tubos Flexiveis Limitada, among others. The Company's locations outside France include Italy, Malaysia, Germany, the United Kingdom, Norway, Finland, the United States, the Netherlands, Brazil, the United Arab Emirates, Nigeria, China, India and Australia. In January 2011, the Company acquired all of the assets of Subocean Group. On December 22, 2011, the Company held a 63.10% of capital of Cybernetix SA. In
our complete report available for purchase the company is compared to: Baker Hughes Incorporated, Oil States International, Inc. and Esso Societe Anonyme Francaise.