Technip is one of the world’s leading Onshore, Offshore and Subsea Engineering and Contractor in the Oil & Gas industry. It operates globally with business and customers in more than 50 countries. Technip has approximately 40,000 employees and is public listed in Paris (CAC 40) with market cap of about Euro 10 billion.
Technip Malaysia was created in 1982 and was the first company to perform design services in Kuala Lumpur for Oil & gas industry. By 1993 Technip Malaysia performed the first major lump sum turnkey for BP/Petronas in Kerteh (2 polyethylenes units). Work forces were about 500 engineers in Kuala Lumpur.
By 1996, Kuala Lumpur became the Asia Pacific headquarter for Technip Group with Subsidiaries in Brunei, Vietnam, Thailand and Indonesia. By 1998 operations in China came under Kuala Lumpur followed by Australia in 2002.
Today, the overall operations for Technip Asia Pacific represent 6,000 personnel in the region with 3,000 personnel in Kuala Lumpur headquarter, one flexible and umbilical factory in Johor, two major ships and a major participation in MHB (biggest shipyard and fabrication yard located in Johor).
Investment in Malaysia represent around RM1.5 billion and region turnover is above RM3 billion.
Thanks to the Malaysia business environment and political stability, Technip’s operations in this part of the world did developed from nothing in the region to the biggest operation centre in the world for Technip Group.