TechnipFMC has exercised its option to acquire Oslo-listed Sevan’s remaining 51% stake in the unit for an undisclosed sum after France’s Technip earlier gained a 49% ownership interest prior to its merger with US-based FMC Technologies.
Kanfa buy
Newly merged engineering contractor TechnipFMC has acquired Sevan Marine’s Kanfa topsides and process technology division.
24 February 2017 0:00 GMT
Updated
24 February 2017 0:00 GMT