Technip and Fincantieri join forces

Two Italy-based maritime companies, Technip and Finantieri have signed a memorandum of understanding in an effort to increase their competitiveness in the offshore market
Technip and Fincantieri join forces

Italian shipping companies, Technip and Fincantieri have signed a memorandum of understanding to expand their joint businesses in the offshore market.

The two companies have already collaborated on the construction of a platform in Sicily. In a statement, Fincantieri said that this new joint venture would allow the companies to “be leverage through a more effective integrated offer.”

In particular, the agreement will focus on the joint development of vessels for oil and gas offshore production, for example FPU and FRSU.

The memorandum was signed by Marco Villa, CEO of Technip Italy S.p.A. and by Giuseppe Bono, CEO of Fincantieri. 

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by Laura Stackhouse

readmt.com Editor

Laura Stackhouse is the Web Editor of readmt.com, an official publication of the International Marine Purchasing Association (IMPA). To discuss news, features or contributing to readmt.com please get in touch.

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