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    Technip - Subsea 7 JV to start work in July

    News // May 16, 2006

    Following the signature of a Memorandum of Understanding on September 13th 2005, Technip and Subsea 7 have announced that on May 12th 2006 they signed a final agreement for the formation of a jointly operated company for subsea offshore activities in the Asia Pacific region (excluding India and the Middle East).

    The jointly operated company, Technip Subsea 7 Asia Pacific Pty Ltd, will commence business on July 1st, 2006.

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