Feb 17 (LNGJ) - FMC Technologies of the US signed a definitive agreement to acquire Kansas-based Control Systems International. Terms of the transaction, which is subject to further due diligence and various closing conditions, were not disclosed. CSI is a supplier of control and automation systems for terminal automation and management. "The addition of CSI enhances FMC's automation and controls technologies and supports our long-term strategy to expand our subsea production and processing systems," said Robert Potter, FMC's Executive Vice President of Energy Systems.
FMC acquires CSI of US
Written by John McKay
Friday, 17 February 2012
Free Read
font size
Published in
News in brief
Latest from John McKay
- Italian gas grid and LNG terminals operator SNAM makes progress in acquiring more natural gas storage
- US equipment and services firm Baker Hughes buoyed by orders for Algerian gas field and Australian LNG
- Italy’s Enel utility reports drop in revenues from natural gas to power businesses in Europe and South America
- TechnipFMC increases earnings as orders grow for oil and gas and LNG projects to. boost the backlog
- Golden Pass advances
Related Video
Free Read
