TOINNOV - Breaking Blockchain, Crypto & ICO News

learn more
more than 10 000 people every month reads TOINNOV learn more

Yuri Morozov, founder of Bubbletone Blockchain for Telecom: "With the help of the blockchain, we can change the entire global ecosystem of telecommunications"

An interview with Bubbletone Blockchain for Telecom founder, Yuri Morozov, whose company aims to rev...

A step to ambitious plans implementation

Two companies – Technip and FMC Technologies signed a Business Combination Agreement to create a company as a global leader.

20.Jun.16 8:53 AM
By Vladimir Vasiliev


A step to  ambitious  plans implementation

Basically the deal has been done earlier. On May the information about proposed merger has already been announced. Thierry Pilenco who will serve as Executive Chairman of the combined company said that important stage to build a new offering, driving change by redefining the production and transformation in the oil and gas industry has been reached.

Two companies now see this as a possibility to speed up technologies development, better project’s running and in such a way being able to offer better business deal to customers.

So far that does not mean that combined company will start to operate, say, tomorrow. There are some procedures to be finished yet. Maybe the most important of them is approving by shareholders of both companies. As for now it is expected that transaction will be completed in early 2017.

Back to the list

Related Information: