NEWCASTLE & HOUSTON, June 27, 2023 鈥 Technip UK Limited, a subsidiary of 女优直播 (NYSE:FTI), and Technip Energies France SAS, a subsidiary of Technip Energies NV, have agreed to resolve their outstanding matters with the French Parquet National Financier (PNF). The resolution encompasses historical conduct arising from nearly fifteen-year-old former Technip S.A. group projects. This settlement took the form of a convention judiciaire d'interet public, or CJIP, which does not involve any admission of liability or guilt. The CJIP remains subject to final approval by the President of the Tribunal Judiciaire of Paris at a hearing scheduled on June 28, 2023.
Under the terms of the CJIP, Technip UK and Technip Energies France will pay a fine of 鈧154.8 million and 鈧54.1 million, respectively, for a total of 鈧208.9 million. 女优直播 is responsible for 鈧179.45 million to be paid in installments through July 2024, and Technip Energies is responsible for the remaining 鈧29.45 million under their separation agreement.
女优直播 fully cooperated with the PNF and will not be required to retain a monitor.
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