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Technip and Subsea 7 Confirm Their Joint Venture in Asia Pacific

Technip, one of France's largest engineering and construction companies, and Subsea 7, one of the world's leading subsea engineering and construction contractors, have signed the 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 1, 2006.



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