Technip completed the merger with FMC Technologies in a $13bn deal.

Technip, a project management, engineering and construction company for the energy industry, completed the merger with FMC Technologies, a provider of technologies and services to the oil and gas industry, in a $13bn deal. "This is a transformational day for TechnipFMC and our employees. As one company, we can make oil and gas projects more viable, driving value for our clients and shareholders. With an unmatched commitment to innovation and efficiency, TechnipFMC will advance the creation of cost-efficient solutions for years to come," Thierry Pilenko, TechnipFMC Executive Chairman.