Post Tagged with: "Technip"

Courtesy of Enbridge

Oil Services Firm TechnipFMC to Split Into Two Publicly Traded Companies

From Reuters


Franco-American oil services firm TechnipFMC Plc (FTI.N) said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.

TechnipFMC, which had …

Oil Service Companies FMC Technologies and Technip Announce $13 Billion Merger

Oil Service Companies FMC Technologies and Technip Announce $13 Billion Merger

Oil service companies FMC and Technip announced a plan to merge in an all-stock deal worth about $13 billion to create a larger player in the energy services sector.

The Houston-based FMC Technologies and the Paris-headquartered Technip will combine to …