Technip dismisses takeover talks

Technip dismisses takeover talks

French oilfield services provider Technip has dismissed allegations it has been in talks for a possible takeover of the company.

In an article on Wednesday, Reuters wrote that the French firm was exploring a sale of the company to the U.S. rival FMC Technologies. Reuters cited sources who asked not to be identified. The news agency, also citing unnamed sources, further wrote that Technip has held talks with other potential buyers as well.

However, responding to media writings, Technip, valued at around $5.8 billion, on Wednesday morning issued a statement denying any talks of similar nature were being held.

“Following recent press articles with respect to possible strategic transactions involving Technip, we state that there are no ongoing discussions with respect to such transactions,” Technip said in a statement.

Share this article

Follow Offshore Energy Today

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >

Shanghai Int Petrochemical and Offshore Oil & Gas and Chemical Industry Technology and Equipment Exhibition 2019

cippe Shanghai has attracts both…

read more >

OWI LATAM 2019

Over the two-day conference, 25+ expert speakers will share exclusive insight on how to develop an integrity, production and P&A strategy…

read more >

Uganda International Oil and Gas Summit 2019

Uganda International Oil & Gas Summit will once again examine the industry’s developments…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply