News

Technology News

FMC Teams With Technip On Subsea Foray

Monday, March 23, 2015 5:01:00 AM PDT | VentureDeal
   Paris, France  --  Technip and FMC Technologies have formed a partnership to unite their capabilities for subsea oil and gas exploration.

The joint effort, called Forsys Subsea, is a 50/50 joint venture that promises to "redefine the way subsea field are designed, delivered and maintained."

The alliance will focus on earlier involvement in the concept selection phase, integrated life of field well surveillance and advisory services and joint R&D to produce technological innovations to boost efficiency.

The goal of the effort will be to deliver an end-to-end subsea infrastructure from seabed to topside by eliminating interfaces.

The alliance will begin operations with a workforce of 320 people and will be headquartered in London with regional hubs worldwide.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1