Tag: subsea umbilicals
Prysmian acquires GCDT
Prysmian Group, a company active in the energy and telecom cable systems industry, has signed an agreement to acquire 100% of the privately-held US Company Gulf Coast Downhole Technologies (GCDT) for an initial consideration, subject to adjustment, of approximately USD 45M in cash.
Umbilical factory in Angola
Technip-Coflexip has signed a joint venture agreement with Sonangol for the creation of a new company to manufacture subsea umbilicals.
