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. | Forsys Subsea Logo by Technip |
FMC Technologies and Technip to launch Forsys Subsea
Forsys Subsea aims to use the combine the
experience of its parent companies to reduce the cost of subsea field
development and provide the technology to maximize well performance over
the life of the field.
In addition, the alliance says it will be positioned to deliver and install subsea infrastructure from seabed to topsides by eliminating interfaces and by integrating SPS with SURF. After closing and upon launch of the joint venture, Forsys Subsea will have a workforce of 320 people and will be supported by the 58,000 employees of FMC Technologies and Technip. The company will be headquartered in London, with regional hubs in Oslo, Houston, Paris, Rio de Janeiro, and Singapore. The leadership team of Forsys Subsea will include Rasmus Sunde (FMC Technologies) as CEO, Alain Marion (Technip) as chief technology officer, Arild Selvig (FMC Technologies) leading front-end engineering, and Gérald Bouhourd (Technip) leading life of field.
The transaction is subject to regulatory
approvals and other customary closing conditions.
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