</p><p >First, Kat Schmidt and Noah Brenner discuss the rationale behind the $13 billion merger between Technip and FMC and what it says about the state of the industry. </p><p >We also hear directly from the men who will lead the combined unit once the deal closes: future chief executive Doug Pferdehirt and future executive chairman Thierry Pilenko.</p><p >Plus a look at the recent mini-wave of mergers and acquisitions and why the previously frozen market is starting to thaw.</p><p