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TechnipFMC and Technip Energies complete separation

TechnipFMC has completed a spin-off transaction to create two publicly traded companies, TechnipFMC and Technip Energies. The company had announced the separation plan last year, however the Covid-19 pandemic had delayed the process which restarted last month. Doug Pferdehirt, chairman and CEO of TechnipFMC, commented: “I am delighted to announce the successful completion of the …

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TechnipFMC has completed a spin-off transaction to create two publicly traded companies, TechnipFMC and Technip Energies. The company had announced the separation plan last year, however the Covid-19 pandemic had delayed the process which restarted last month. Doug Pferdehirt, chairman and CEO of TechnipFMC, commented: “I am delighted to announce the successful completion of the …

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