Finance

TechnipFMC puts separation on hold amid market turmoil

Global contractor said market environment not "currently conducive" to moving forward with spinoff

TechnipFMC: Doug Pferdehirt, Chairman and CEO of TechnipFMC, and Catherine MacGregor, President Onshore/Offshore of TechnipFMC and CEO-elect of Technip Energies
TechnipFMC: Doug Pferdehirt, Chairman and CEO of TechnipFMC, and Catherine MacGregor, President Onshore/Offshore of TechnipFMC and CEO-elect of Technip EnergiesPhoto: TECHNIPFMC
  • Kathrine Schmidt
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Published 15 March 2020, 18:14Updated 16 March 2020, 18:59