TechnipFMC completes spin-off transaction

Offshore staff

LONDON, PARIS, and HOUSTON – TechnipFMC has completed the spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies.

Doug Pferdehirt, chairman and CEO of TechnipFMC, said: “As the market leader and industry’s only fully integrated pure-play, we are uniquely positioned to transform our clients’ project economics, helping them to unlock traditional and new energy resources while reducing carbon intensity and supporting their energy transition ambitions.”

Also, Technip Energies has appointed Simon Eyers to its board of directors.

02/17/2021