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  3. Technip SWOT Analysis

Technip SWOT Analysis

Here is a detailed SWOT analysis of Technip covering strengths, weaknesses, opportunities and threats.

Published by MBA Skool Team in Energy & Power category Last Updated: November 26, 2023Read time:

Technip Strengths

  1. Worldwide presence in 48 countries and 30,000+ employees
  2.  State of art industrial assets
  3. Good presence in all three business segments namely:- Subsea, Offshore and Onshore
  4. Excelling commitment to sustainable development with lot of CSR activity
  5. A fleet of approx 30 vessels in operation

Above are the strengths in the SWOT Analysis of Technip. The strengths of Technip looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.

Technip Weaknesses

  1. Out of the three division onshore division has shown under performance
  2. Stiff competition from international players and strong govt policies means restricted operations

These were the weaknesses in the Technip SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.

Technip Opportunities

  1. Developments in the middle east
  2. More oil well discoveries
  3. Growing demand for energy worldwide
  4. Series of acquisition by the company

Above we covered the opportunities in Technip SWOT Analysis. The opportunities for any brand can include prospects of future growth.

Technip Threats

  1. High Competition from existing oil services companies globally
  2. Economic instability and fluctuations worldwide
  3. Issues caused by volatility in costs of input

The threats in the SWOT Analysis of Technip are as mentioned above. The threats for any business can be external factors which can negatively impact its business.

Hence this concludes the Technip SWOT analysis.

About Technip

The table below gives the brand overview along with its target market, segmentation, positioning & USP

Technip

Parent Company

Technip

Category

Oil Services and Equipment

Sector

Energy & Power

Tagline/ Slogan

Take it further

USP

Leader in project management with state of art industrial assets

Technip STP
Segmentation

Corporates, countries looking to fulfill energy services needs

Target Market

Companies involved in petroleum and natural gas exploration

Positioning

Company that provides superior operation performance with greater differentiation


This article has been researched & authored by the Content & Research Team which comprises of MBA students, management professionals, and industry experts. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

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