Technip is a provider of engineering, technology and construction services for the hydrocarbon and petrochemical industries. The group`s core business activities are in the energy industry, which cover offshore and onshore field development, gas processing and liquefaction, refining, onshore pipelines and petrochemicals. In addition, the group also undertakes development activities in other industries such as fertilizers, chemicals, life sciences and power generation. The principal engineering and business centers are in France, Italy, Malaysia, Germany, the UK, Norway, Finland, the US, Netherlands, Brazil, the UAE, China, India and Australia. It is headquartered in Paris, France. The company was awarded several new contracts in 2009. The most recent ones include a contract to provide the front end engineering design (FEED) services for a new ethylene plant in Jose, Venezuela. A consortium comprising JGC Corp. and Modec Inc received a FEED project for a planned floating liquefied natural gas unit in Brazil. In Australia, a FEED contract was awarded by Chevron Australia Pty Ltd. In Netherlands, Technip received an engineering, procurement and construction (EPC) and installation contract of more than EUR 23 million.The company reported revenues of (Euro) EUR 7,481.40 million during the fiscal year ended 2008, a decrease of 5.00% over 2007. The operating profit of the company was EUR 656.90 million during the fiscal year 2008, an increase of 146.00% over 2007. The net profit of the company was EUR 448.00 million during the fiscal year 2008, an increase of 255.00% over 2007.