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Thierry Pilenko chosen as Chairman and CEO of Technip

The Board of Directors of Technip has chosen Thierry Pilenko to succeed Daniel Valot as Chairman and CEO at the close of the Annual Shareholder's Meeting on April 27th 2007 during which he should be appointed to Technip's Board of Directors. In order to ensure a smooth and efficient transition, and as proposed by Daniel Valot, Thierry Pilenko has been named Deputy General Manager of Technip as of January 15, 2007. With a workforce of 22,000 people, Technip ranks among the top five corporations in the field of oil, gas and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York and Paris.



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