Local Business Major north-east employer confirms oil and gas mega-merger By Rita Brown May 19 2016, 8:31 am May 19 2016, 8:31 am Share Major north-east employer confirms oil and gas mega-merger Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/923691/technip-fmc-technologies-confirm-oil-gas-mega-merger/ Copy Link Technip and FMC Technologies today revealed the two firms would merge to create TechnipFMC – a new company with an equity value of $13billion. The move would save the firms’ $600million, according to today’s announcement. Thierry Pilenko, Technip’s chairman and chief executive, will serve as the new company’s executive chairman. To read the full story, visit our sister site Energy Voice.
