Providing Solutions Building Solutions for the to the Energy - PowerPoint PPT Presentation

Providing Solutions Building Solutions for the to the Energy Industry Energy Industry John CAMBRIDGE, Managing Director Genesis Bank of America Merrill Lynch Oil & Gas Conference, Hertfordshire, April 1, 2014

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

Contents Technip Today Sustaining Profitable Growth 2013 Financial Highlights 2014 & 2015 Outlook 3

Technip Today 4 4

A World Leader Bringing Innovative Solutions to the Energy Industry  A world leader in project management, engineering and construction for oil & gas, chemicals and energy companies  Revenues driven by services provided to clients Onshore/Offshore and Subsea  2013 Revenues: € 9.3 billion; Operating margin (1) of 9%  40,000 people in 48 countries (1) From recurring activities 5

Global Business with Unique Multi-Local Footprint… North Sea  4,900 people  Founded in 1978 Orkanger Pori Evanton Europe Newcastle North America  9,100 people Le Trait  3,800 people  Founded in 1958  Founded in 1971 Middle East Mobile Asia Pacific Houston Carlyss Africa  2,700 people  9,500 people  Founded in 1984  1,000 people  Founded in 1982  Founded in 1995 Tanjung Langsat Kuala Lumpur Port Harcourt Latin America Dande Batam  4,300 people Lobito  Founded in 1977 Vitória Açu Macaé Angra Porto 4 Flexible pipeline plants Flexible-Lay & Construction 4 Umbilical plants 15x Rigid Reel-Lay & J-Lay 1 Construction yard 4x Rigid S-Lay and Heavy Lift 4 Logistic bases 4x Diving & Multi-Support Vessels 5 Spoolbases 12x 6

Two Complementary Business Models Driving Financial Structure and Performance € million Subsea Onshore/Offshore Operating Operating Operating Operating Backlog Backlog Income 1 Margin 1 Income 1 Margin 1 8,642 7,939 606 585 15.0% 352 14.3% 7.1% 294 6.7% FY 12 FY 13 FY 12 FY 13 FY 12 FY 13 FY 12 FY 13 FY 13 FY 13 (1) from recurring activities 7

Two Complementary Business Segments Subsea Onshore/Offshore  Worldwide leadership  Proven track record with customers & business partners  Unique vertical integration  Engineering & construction  R&D  Project execution expertise  Design & Project Management  Early involvement through conceptual studies  Manufacturing & Spooling and FEEDs  Installation  Knowhow  First class assets and technologies  High added-value process skills  Technologically Advanced  Proprietary platform design Manufacturing plants  Own technologies combined with close  High performing vessels relationship with licensors  Advanced rigid & flexible pipes  Low capital intensity  Very broad execution capabilities 8

Sustaining Profitable Growth 9 9

Technip’s Strengths Driving Backlog Growth Ethylene and hydrogen To Deliver Sustainable & Specialized refining and Profitable Growth petrochemical technologies Well diversified, profitable backlog Strong track record in major projects execution Pioneers in LNG & FLNG Vertical integration High-end flexible products Execution capability Innovative rigid pipe designs Technology Conceptual technology and FEED resources for early involvement Vessels and manufacturing plants Key differentiating assets National content Experts close to our market worldwide: 40,000 people today spread over 48 countries 10

2013 Revenue Split by Geography Apache II, North Sea Europe / Russia Central Asia Americas Lucius Spar, GoM 29% 31% € 9.3 billion Burgas refinery, Bulgaria 9% 21% 10% Africa Asia Pacific Middle East Flexibras, Brazil Jubail refinery, Saudi Arabia G1201 S-lay vessel in Asia Pacific 11 11

Backlog Diversification… By Geography By Market Split By Customer 3% Others 10% Petrochems 17% Africa 30% Refining / Heavy Oil Others 8% 10% Middle East Gas / LNG / FLNG 8% International Americas 32% Shallow Water (1) Oil Companies 36% 34% Asia Pacific 16% Deepwater (2) National >1,000 meters 36% Oil Companies Europe / Russia 35% 25% Central Asia Dec 2013 Dec 2013 Dec 2013 Dec 2013 (1) Includes offshore (15%) and subsea projects (21%) (2) Includes offshore (4%) and subsea projects (31%) As of December 31, 2013 estimated backlog was € 16.6 billion 12 12

…And by Contract Size Subsea Onshore & Offshore  € 8.6 billion backlog  € 7.9 billion backlog  Moho Nord, our largest project,  Largest projects: added over € 1 billion  Prelude FLNG, Australia  Martin Linge platform, Norway  Next largest projects:  Ethylene XXI, Mexico  T.E.N., Ghana  Quad 204, Scotland  ~15 projects in € 100 - 350 million  17 projects in € 100 - 600 million  ~65 projects in € 10 - 100 million  Over 60 projects in € 10 - 100 million 13