Technip, FMC to merge into $13 bln oil services firm

Technip, FMC to merge into $13 bln oil services firm Paris (AFP) May 19, 2016 - Oil and gas services companies Technip of France and the American FMC Technologies said Thursday they have agreed to merge, creating one of the world's top companies in a sector battered by low energy prices. "The companies will combine to create a global leader that will drive change by redefining the production and transformation of oil and gas," they said. The new company, called Tech ... more

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