TechnipFMC in pledges
Jan 17 (LNGJ) - TechnipFMC, the merged combination of subsea energy and LNG players, France Technip and FMC Technologies of the US, is operating as a single company from January 17 with US and Euronext-listed shares. “This is a transformational day for TechnipFMC and our employees,” said Thierry Pilenko, Executive Chairman of TechnipFMC “As one company, we can make oil and gas projects more viable, driving value for our clients and shareholders. With an unmatched commitment to innovation and efficiency, TechnipFMC will advance the creation of cost-efficient solutions for years to come,” stated Pilenko. Chief Executive Doug Pferdehirt said: “With our merger complete, TechnipFMC is uniquely positioned to unlock possibilities for our clients to transform their project economics. We will do this by inspiring a culture of challenging conventions and finding new and better ways of doing things.”
Merged LNG and subsea company TechnipFMC will see new combined shares debut January 17
TechnipFMC shares will begin trading on the Paris Euronext and New York Stock Exchange on January 17 as the $13-billion merger between the energy services companies, France’s Technip and FMC Technologies, becomes official and the combination aims for a lead role in the subsea and Floating LNG sectors.
Technip and FMC face December 5 vote to create merged LNG and subsea giant
French energy and liquefied natural gas engineering and construction company Technip and US rival in the subsea sector FMC Technologies have scheduled respective meetings of their shareholders on December 5 to vote on their $13 billion merger.
French engineer Technip advances floating LNG projects and Russsian Yamal venture
French energy and liquefied natural gas engineering company Technip said it achieved its first-quarter objectives in the “harsh” downturn as it advanced the world’s first two floating LNG projects while its net income rose and revenue was down slightly.
