TechnipFMC sees recovery in subsea, records net income of $121m

TechnipFMC sees recovery in subsea, records net income of $121m

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26 October 2017

The service firm reported a third quarter net income of $121million.

Doug Pferdehirt, CEO of TechnipFMC, said: "Our third quarter results demonstrated another solid operational performance in all segments. We continued to deliver strong project execution in our Onshore/Offshore and Subsea segments, as we achieved several key milestones. Our Surface Technologies segment benefited from increased activity in the North American market, primarily driven by higher demand for our well completion services.

more [source: Energy Voice]