PARIS (Reuters) - France's Technip (TECF.PA) on Thursday announced an all-stock merger with U.S. rival FMC Technologies (FTI.N), as it seeks to offset weaker spending on exploration and production by ...

On May 19, FMC Technologies (FTI), a Texas-based oilfield service and equipment (or OFS) company, disclosed that it will combine with Technip, a France-based OFS company. The two companies have ...

FMC Technologies' proposed $13 billion merger with France's Technip is the oil industry's latest bid to reinvent an offshore drilling business crippled by high costs and low oil prices. The all-stock ...

Expecting to gain in an oil-services market that is showing signs of a recovery, sector engineering-construction giant Technip, Paris, and FMC Technologies, Houston, are set to merge next year to ...

PARIS, May 19 (Reuters) - France's Technip announced an all-stock merger with U.S. rival FMC Technologies to create an oil services group with combined revenue of $20 billion. The transaction is ...

French engineering company Technip and US service provider FMC Technologies have teamed up to create a joint venture targeting the subsea sector. The 50/50 joint venture, to be named Forsys Subsea, ...

FMC Technologies and Technip SA plan to formally combine their companies as early as Jan. 16, according to a joint statement. Houston-based FMC, a subsea systems provider and oil and gas services ...