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.