Thierry Pilenko chairman and CEO, Technip

摘要

Like his counterpart at Subsea 7, Jean Cahuzac, Technip CEO Thierry Pilenko is restructuring one of the leading subsea companies in the business. In August, Mr Pilenko described the downturn in the oil and gas industry as "prolonged and harsh" and said the company had decided to accelerate its cost-reduction and efficiency measures. "The launch of the restructuring plan, together with our recent initiatives, such as our Forsys Subsea joint venture, shows our determination to maintain this strategy, which is based on a long-term vision of how Technip can be best positioned to deliver our industry's needs, to reduce project costs and continue to create value," he said.