FMC Technologies to acquire Multi Phase Meters

FMC Technologies is acquiring Multi Phase Meters (MPM).

Offshore staff

HOUSTON -- FMC Technologies is acquiring Multi Phase Meters (MPM). Based in Stavanger, Norway, MPM manufactures high-performance multiphase flow meters for the oil and gas industry. The transaction is expected to close in the fourth quarter.

“By expanding our product offering through MPM's advanced multiphase flow meters, FMC will be able to further optimize its subsea technologies and therefore bring significant value to our customers,” says Peter D. Kinnear, FMC's chairman, president, and CEO.

09/24/2009

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