TechnipFMC delays separation

Published by Nicholas Woodroof, Editor
Oilfield Technology, Monday, 16 March 2020 10:00

TechnipFMC has announced that it is delaying its planned separation into TechnipFMC and Technip Energies.

The company attributed the decision to the change in market conditions, due to the Covid-19 pandemic, the sharp decline in commodity prices, and the heightened volatility in global equity markets.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/16032020/technipfmc-delays-separation/

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