Fincantieri & Technip JV for Offshore Market

November 10, 2014

 

Fincantieri and Technip in Italy signed a Memorandum of Understanding aiming to increase their joint competitiveness by starting to address Italian and Mediterranean Sea offshore markets. The agreement was signed by Marco Villa, CEO of Technip Italy S.p.A. and by Giuseppe Bono, CEO of Fincantieri.

This agreement follows the existing collaboration between the two companies which are bidding for the construction of a platform to be located offshore Sicily. This would represent an important opportunity for employment development in Sicily, where the joint team plans to build the platform’s topside.

Thus, the technical and commercial synergies between the two companies will be leveraged through a more effective integrated offer. In particular, the areas initially identified for the implementation of this cooperation include the joint development of vessels for the Oil and Gas offshore production, such as FPU (Floating Production Unit) and FRSU (Floating Regasification & Storage Unit).

The agreement also foresees the implementation of a strategic and commercial framework to address a common network of business development activities.

Logistics News

How the MV Estonia Disaster Reshaped Passenger Ship Safety

How the MV Estonia Disaster Reshaped Passenger Ship Safety

Hazardous Cargo Compensation Regime Close to Entry into Force

Hazardous Cargo Compensation Regime Close to Entry into Force

Iran Could Offer Oman Exit Proposal

Iran Could Offer Oman Exit Proposal

Canon USA Launches MS-510 Multi-Purpose Camera for Low-Light Imaging

Canon USA Launches MS-510 Multi-Purpose Camera for Low-Light Imaging

Subscribe for Maritime Logistics Professional E‑News

Investors look at possible Iran War Deal as they mix up the Gulf bourses
Wall Street Journal April 16,
Uganda names Citibank as the fund-raising agent for a 2.7 billion euro rail project