Press Release

Paris, October 28, 2008

Technip announced today that Julian Waldron is appointed Chief Financial Officer.

Reporting directly to Thierry Pilenko, Chairman and CEO of Technip, Julian Waldron is a member of the Executive Committee.

Julian Waldron joins from Thomson where he was Chief Financial Officer from 2001 and interim Chief Executive Officer from March 2008 to August 2008. He started his career at the investment bank UBS Warburg where he spent 14 years. Julian Waldron is a graduate of Cambridge University.

Commenting on his appointment, Thierry Pilenko stated "Julian Waldron brings an impressive and well rounded international experience to Technip. I am convinced that he will contribute significantly to our efforts to improve our financial performance. We are very pleased to have him on board".

Julian Waldron succeeds Olivier Dubois, Chief Financial Officer since June 2002; he leaves Technip to give a new direction to his career.

Technip is a world leader in the fields of project management, engineering and construction for the oil & gas industry, offering a comprehensive portfolio of innovative solutions and technologies.

With 23,000 employees around the world, integrated capabilities and proven expertise in underwater infrastructures (Subsea), offshore facilities (Offshore) and large processing units and plants on land (Onshore), Technip is a key contributor to the development of sustainable solutions for the energy challenges of the 21st century.

Present in 46 countries, Technip has operating centers and industrial assets (manufacturing plants, spoolbases, construction yard) on five continents, and operates its own fleet of specialized vessels for pipeline installation and subsea construction.

The Technip share is listed on Euronext Paris exchange and over the counter (OTC) in the USA.