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TechnipFMC Names New Chairman

By  AOG Staff Thursday, 10 January 2019 02:35
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Oil services group TechnipFMC said on Thursday Doug Pferdehirt would replace Thierry Pilenko as its executive chairman, following Pilenko's imminent retirement.

(File photo: TechnipFMC)
(File photo: TechnipFMC)

Pilenko was one of the key directors behind the 2016 merger between French company Technip and U.S. rival FMC, as a drop in oil prices spurred consolidation within the oil services sector.

(Reporting by Sudip Kar-Gupta; Editing by Mark Potter)

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