Technip Says It's Not in Talks on Any Strategic Transactions

(Bloomberg) -- Technip SA, Europe’s largest oilfield- services provider, said it’s not in talks for any strategic transactions.

“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,” the company said in a statement Thursday.

Technip is in talks to merge with U.S. peer FMC Technologies Inc., Bloomberg News said Dec. 9, citing people familiar with the matter who didn’t want to be identified.

--With assistance from Ruth David, David Wethe, Tara Patel and Manuel Baigorri.

To contact the reporters on this story: Matthew Monks in New York at; Dinesh Nair in London at To contact the editors responsible for this story: Aaron Kirchfeld at; Elizabeth Fournier at Elizabeth Wollman

Copyright 2017 Bloomberg News.


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