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PARIS: France's Technip announced an all-stock merger with U.S. rival FMC Technologies to create an oil services group with combined revenue of $20 billion.
PARIS: France’s Technip announced an all-stock merger with US rival FMC Technologies to create an oil services group with combined revenue of US$20bil.
PARIS (Reuters) - The French presidential election is set to lead to a shake-up of the state's extensive portfolio of corporate holdings, whether it is the broad sell-off promised by frontrunner Emmanuel Macron and Francois Fillon, or the expanded government role targeted by Marine Le Pen and Jean-Luc Melenchon.
Oil majors that were slow to seize on shale are seeking further efficiencies by adapting technologies for highly automated offshore operations to shale and pursuing advances in digitalisation that have reshaped industries from auto manufacturing to retail.
LONDON: How can stock investors profit from the increasingly striking movements in global bond yields?
HOUSTON: Saudi Arabia signalled its intent to expand chemical production along the US Gulf Coast and potentially double the size of North America’s biggest oil refinery.
KUALA LUMPUR: Malaysia Marine and Heavy Engineering Holdings Bhd's (MHB) subsidiary and consortium partner have signed a long-term offshore agreement with Saudi Arabia's national oil company, Saudi Aramco.
KUALA LUMPUR: JF Apex Research expects OSK Holdings Bhd, Gas Malaysia Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE) and Eversendai Corp Bhd to be among the stocks to watch following their latest corporate news.