Utilize the input text as a context reference, choose the right relationship between Technip and engineering from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Technip sank 8.8 percent to its lowest level since January after the oil industry engineering and construction group announced a restructuring programme, booking a 650 million-euro ($719 million) charge and cutting 6,000 jobs.
industry