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Technip, FMC see 30% lower costs with JV

French engineering outfit Technip and subsea specialist FMC Technologies reckon that a new collaborative joint venture could bring cost savings of up to 30% for their combined services at deep-water field developments.

Subsea tie-up: Technip, FMC Technologies collaboration aims to achieve big cost savings
Subsea tie-up: Technip, FMC Technologies collaboration aims to achieve big cost savings
Published 23 March 2015, 16:51Updated 17 October 2016, 13:05