Another super merger is coming, maybe the second largest oilfield service company will be born

May 19, the FMC Technologies and the French oil services company Technip announced that the two companies will merge. After the completion of the merger the two companies, may surpass Halliburton, Schlumberger, becoming the world's second largest oil revenue service company
After the two companies merge, the market value is expected to reach $ 13 billion, the company will be renamed TechnipFMC
Introduction of FMC Technologies & Technip
FMC Technologies, headquartered in the United States, the world's leading offshore oil and gas equipment supplier. Main business scope include in: 1.submarine technology, 2. sea technology, 3. infrastructure services, Main product equipment include in: 1. subsea production equipment mainly handling systems, 2. Sea-surface wellhead systems, 3. high pressure fluid control equipment.
Technip headquarters in France, its main business includes subsea and onshore operations and offshore facilities in two parts. Seabed business mainly are subsea pipeline integrated design, engineering, production and installation services; offshore and onshore oil and gas services for all types of oil and gas production facilities, oil and gas processing facilities, the construction of oil and gas transportation facilities.

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