Source Pravda.Ru

Technip-Coflexip Announces S&P Agreement Over McNulty Companies

Technip-Coflexip has announced the signature of a Sales and Purchase Agreement related to the sale of its affiliates McNulty Offshore Ltd and Captain Frank McNulty & Sons Ltd to the Managing Director of McNulty Offshore Ltd. Technip-Coflexip had a 90% stake in both companies following the purchase of Aker Deepwater Company in January 2001.

According to the terms of this agreement, Technip-Coflexip has sold the Newcastle-based yard, together with all activities and resources dedicated to it, to McNulty's Managing Director.

The transaction, the amount of which is undisclosed, is in line with Technip-Coflexip's previously announced program to dispose of non-strategic assets. It will have no significant impact on Technip-Coflexip's results for 2002. This should allow the continuation of the yard's traditional business activities.

©

&to=http://www.technip-coflexip.com/english/index.htm' target=_blank>Technip-Coflexip

&to=http://www.akermcnulty.com/' target=_blank>McNulty Offshore

Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia

Moscow is trying to stop Balkan countries from entering NATO. Greece eventually took measures against Russia, even though Greek Prime Minister Alexis Tsipras had earlier said that Russia was Greece's strategic partner

Militant Greek atheist Alexis Tsipras betrays his people, Orthodoxy and Russia
Comments
Putin parades Russia's new 'fantastic' weapons that no one else in the world has
Americans obtain secret information about Russia’s new Avangard missiles
Serbia will recognize Kosovo only over its dead body
Americans obtain secret information about Russia’s new Avangard missiles
Putin does not exclude war with Ukraine in Donbass
Russian party girl Nastya Rybka refuses to please Washington
Serbia will recognize Kosovo only over its dead body
Putin makes first public comment on Russian pension reform
Serbia will recognize Kosovo only over its dead body
Putin warns of consequences should Georgia and Ukraine become NATO members
The Big Brexit mistake
Putin makes first public comment on Russian pension reform
Serbia will recognize Kosovo only over its dead body
Serbia will recognize Kosovo only over its dead body
Serbia will recognize Kosovo only over its dead body
Serbia will recognize Kosovo only over its dead body
Serbia will recognize Kosovo only over its dead body
Putin makes first public comment on Russian pension reform
Russian party girl Nastya Rybka refuses to please Washington
Americans obtain secret information about Russia’s new Avangard missiles
Americans obtain secret information about Russia’s new Avangard missiles