PARIS, Dec 09, 2008 (BUSINESS WIRE) –
Regulatory News:
Regulatory News:
At its meeting on the 9 December 2008, the Board of Directors of Technip
(Paris:TEC) (ISIN:FR0000131708) reviewed the AFEP-MEDEF recommendations
dated 6 October, 2008 concerning the remuneration of executive officers
of listed companies.
(Paris:TEC) (ISIN:FR0000131708) reviewed the AFEP-MEDEF recommendations
dated 6 October, 2008 concerning the remuneration of executive officers
of listed companies.
The Board considers that these recommendations are in line with the
corporate governance approach of Technip.
corporate governance approach of Technip.
Consequently, the AFEP-MEDEF code of corporate governance as amended by
these recommendations is that to which the Company will refer in
preparing the report provided for in Article L.225-37 of the French
commercial code.
these recommendations is that to which the Company will refer in
preparing the report provided for in Article L.225-37 of the French
commercial code.
Technip is a world leader in the fields of project management,
engineering and construction for the oil & gas industry, offering a
comprehensive portfolio of innovative solutions and technologies.
engineering and construction for the oil & gas industry, offering a
comprehensive portfolio of innovative solutions and technologies.