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Member News19th Oct 2017

TechnipFMC reaches an agreement to acquire Plexus’ exploration wellhead business

TechnipFMC announces that an agreement has been reached with Plexus Holding plc to acquire Plexus’s Wellhead exploration equipment and services business for jack up applications. In conjunction with TechnipFMC’s global footprint and market presence, this portfolio expansion in the mudline and high pressure high temperature (HPHT) arena enables TechnipFMC to be a leading provider of products and services to the global jack up exploration drilling market.