Technip, HQC Together Joint Ventured Italy China

Technip, HQC form JV in Italy, China

11:54 AM, 10th September 2013
Technip Joint Venture News

PARIS, FRANCE: Technip’s operating centre in Rome, Italy, has signed an agreement with China Huanqiu Contracting & Engineering Corporation (HQC) to set up two joint-venture companies. Headquartered in Rome and Beijing, China, they will be responsible for procurement activities, respectively on the European and Chinese markets. These companies will perform procurement activities for worldwide onshore and offshore projects.

By establishing a local presence, these new companies will allow an immediate knowledge and access to the local suppliers market, based on Technip and HQC’s experience.

“Formalizing our cooperation with HQC, with which we have been collaborating for 25 years, will help us expand business development opportunities on the international oil & gas market, especially in China, and deliver added value to our clients,” said Marco Villa, Senior Vice President, Technip.

 

© Worldofchemicals News 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


More than 3000 chemicals in human urine reveals new study

EDMONTON, CANADA: Researchers at the University of Alberta have determined the chemical composition of human urine - and the results reveal a remarkab ...

Read more
KBR bags DuPont’s contract in US gulf coast

HOUSTON, US: KBR, a global engineering, construction and services company, has secured a five year extension to provide contracted construction and ma ...

Read more
Eastman changes board members

KINGSPORT, US: Eastman Chemical Company announced changes in its executive management. Ronald C Lindsay has been appointed Chief Operating Officer, Br ...

Read more
Cabot, Risun complete construction of carbon black facility in China

XINGTAI, CHINA/BOSTON, US: Cabot Corporation and joint venture partner Risun Group have completed and commissioned their new carbon black manufacturin ...

Read more
OCP to acquire Bunge’s share in Moroccan fertilizer JV

WHITE PLAINS, US/CASABLANCA, MOROCCO: OCP Group, global leader in the mining and processing of phosphate, will acquire 50 per cent ownership interest ...

Read more
Blue-green algae converts waste to fuel efficiently

ST LOUIS, US: In the universe of the microbiological world, there is a current species of blue-green algae that, through its powers of photosynthesis ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X