Technip acquires Stone & Webster process technologies & associated oil & gas engineering capabilities from the Shaw Group. Technip paid cash consideration of around €225 million from existing cash resources, which will be subject to customary price adjustments. • Add skilled resources, notably in research in the US, and engineering in the US, the UK and India. To make the most of these strengths, a new business unit, Technip Stone & Webster Process Technology, will be developed within the Onshore/Offshore segment. “I am delighted to welcome a high-skilled team into the Technip family.