TechnipFMC invests in McPhy and signed a MoU to accelerate green hydrogen
10/16/2020
TechnipFMC signed a Memorandum of Understanding (MoU) with McPhy, a leading manufacturer and supplier of carbon-free hydrogen production and distribution equipment, pursuant to which the two companies will jointly work on technology development and project implementation. TechnipFMC is also making an equity investment in McPhy. TechnipFMC’s Technip Energies segment is a leading global engineering and construction services provider for the global energy industry and is a market leader in hydrogen, having provided proprietary steam reforming technology for more than 270 hydrogen production plants worldwide. The MoU establishes a collaboration framework for the manufacturing and commerc
