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Daniel Valot News

18 Oct 2001

Coflexip Stena Offshore Modifies Its Management Structure

upon his suggestion, Daniel Valot, Chairman of the Board of Technip-Coflexip, was appointed, effective October 17,, Vice Chairman and Chief Executive Officer of Coflexip, providing him with the same powers as Pierre Marie Valentin. of Technip-Coflexip bylaws, which should occur early December 2001. effective best in class services and products for the development of offshore hydrocarbon fields worldwide. abandonment, the Group solutions in engineering, fabrication and installation are proposed on either an integrated or a segmented basis. expertise in moorings, pipeline-riser-umbilical systems and robotics. of subsea construction and installation vessels.

17 Dec 2001

Technip-Coflexip Announces New Management Structure

and a supervisory board. With Daniel Valot as Chairman, the management board consists of Thomas Ehret, Daniel Burling, Jean Deseillingny and Claire Giraut. Pierre Marie Valentin will serve as chairman and Michel Leveque will serve as vice chairman of the supervisory board. Roger Cairns, Miguel Caparros, Jean-Pierre capron, Jacques deyirmendjian, Jean-Pierre Lamoure, Claude Mandil, Roger Milgrim, Rolf-Erik Rolfsen, Pierre Vaillaud and Bruno Weymuller will serve as members of the supervisory board. Shareholders also authorized the Management Board of Technip-Coflexip to buy and sell up to 10 percent of its share capital (2,665,962 shares) at a maximum of $136 per share and a minimum price of $82 per share.