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Technip Subsea 7 Asia Pacific JV to be dissolved

French engineering firm Technip and Norwegian oilfield engineering group Subsea 7 announced that they have agreed to dissolve their joint venture, Technip Subsea 7 Asia Pacific (TS7), once all its existing projects and tendered work have been completed.

Technip and Subsea 7 worked together on significant projects in the Asia Pacific region for several years. In 2006, TS7 was formed to provide subsea construction services in the region (excluding India and Middle East).



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