TechnipFMC and Magma Global agree collaboration for hybrid flexible pipe

TechnipFMC has agreed terms for a collaboration agreement with Magma Global to develop a new generation of hybrid flexible pipe for offshore applications. TechnipFMC is also purchasing a minority stake in Magma Global.

“I am very pleased that we have reached this agreement with Magma, which will further enhance TechnipFMC’s Subsea 2.0 product platform.”fuelsandlubes.com

• 1 source
• fuelsandlubes.comTechnipFMC and Magma Global to Enter into a Strategic Collaboration Agreement for Hybrid Flexible Pipe - F&L AsiaMar 22, 2018

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