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In 1993 Technip expanded into different types of plant construction through the purchase of Speichim, which specialized in the phosphate and agrochemical segments.
Technip underwent a public stock offering in France in 1994 in an offering that valued the firm as a whole at about FRF 4 billion (roughly $750 million). Elf, Total, Gaz de France, and IFP each eventually reduced their holdings to 12 percent.
A Major Merger After 2000
Sales were a little shy of FRF 3 billion in 2000.
Coflexip was merged with Technip in July 2003, when the group name went back to simply Technip.
The Technip share is included in the CAC40, the benchmark index on the Paris stock exchange in September 2009.
2011 Technip acquires Global Industries and substantially expands its addressable market in subsea.
2012 Technip acquired Stone & Webster Process Technologies and associated oil and gas engineering capabilities from the Shaw Group.
$6.4B Full year 2021 revenue
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Newpark | 1932 | $217.5M | 2,248 | - |
| J Ray McDermott Inc | - | $1.4B | 5,000 | - |
| Kelchner | 1948 | $76.0M | 350 | 5 |
| Gulf Island | 1985 | $159.2M | 475 | 55 |
| Vetco Gray, Inc. | 1986 | $6.9M | 30 | - |
| Elkhorn Holdings Inc | - | $340,000 | 6 | 5 |
| Bechtel Corporation | 1898 | $17.6B | 2,100 | 1,171 |
| Burns & McDonnell | 1898 | $3.5B | 2,000 | 1,479 |
| Plant Engineering | 1947 | $17.0M | 175 | - |
| Black & Veatch | 1915 | $3.2B | 10,400 | 1,933 |
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Technip USA Corporation may also be known as or be related to Technip USA Corporation, Technip USA Holdings Inc. and Technip USA Inc.