News from TechnipFMC
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TechnipFMC announces second quarter 2021 results22 July 2021 Total Company revenue in the second quarter was $1,668.8 million. Loss from continuing operations attributable to TechnipFMC was $174.7 million, or $0.39 per diluted share. After-tax charges and credits totaled $148.7 million of charges, or $0.33 per diluted.... |
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TotalEnergies partners with Technip Energies to advance low-carbon solutions for LNG and offshore facilities21 July 2021 TotalEnergies and Technip Energies signed a Technical Cooperation Agreement to jointly develop low-carbon solutions for Liquefied Natural Gas (LNG) production and offshore facilities to accelerate the energy transition. As part of this agreement, both parties will explore new.... |
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EDP, TechnipFMC and partners to develop concept study for green hydrogen production from offshore wind power13 July 2021 EDP, TechnipFMC and other research partners are joining forces to develop a conceptual engineering and economic feasibility study for a new offshore system for green hydrogen production from offshore wind power, called the BEHYOND project. The study.... |
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TechnipFMC and Halliburton’s subsea fibre optic solution selected by OTC and ExxonMobil08 July 2021 TechnipFMC and Halliburton Company today announced they received an OTC Spotlight on New Technology Award® (SONT) for their Odassea™ Subsea Fibre Optic Solution, an advanced downhole fibre optic sensing system. ExxonMobil selected the solution for its Payara.... |
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TechnipFMC awarded iEPCI™ contract for Tullow’s Jubilee South East development, Ghana07 July 2021 TechnipFMC has been awarded a significant (between $75 million and $250 million) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract for the Jubilee South East development, located offshore Ghana. It will be the company’s first iEPCI™ project.... |
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TechnipFMC awarded subsea contract for Equinor Kristin Sør Field01 July 2021 TechnipFMC today announced that it has been awarded a significant (between $75 million and $250 million) Engineering, Procurement, Construction and Installation contract by Equinor for the Kristin Sør field in the North Sea. TechnipFMC will supply rigid.... |
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TechnipFMC awarded subsea contract for Petrobras’ Búzios 6-9 fields30 June 2021 TechnipFMC announced today that it has been awarded a substantial (between $250 million and $500 million) subsea contract by Petrobras for the Búzios 6-9 fields. Located in the Santos basin offshore Brazil, these fields are part of.... |
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TechnipFMC Awarded First iEPCI™ in Brazil for the Karoon Patola Field03 June 2021 TechnipFMC has been awarded its first integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract in Brazil by Karoon Energy for the Patola field development. The contract covers engineering, procurement, construction and installation of subsea trees, flexible pipes and.... |
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TechnipFMC Awarded a Significant Subsea Contract for Ithaca Energy’s Captain EOR Project18 May 2021 TechnipFMC (NYSE: FTI) (PARIS:FTI) today announced that it has been awarded a significant(1) Engineering, Procurement, Construction and Installation (EPCI) contract from Ithaca Energy (UK) Limited for the Captain Enhanced Oil Recovery (EOR) Project in the UK North.... |
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TechnipFMC to proceed with Santos Barossa project offshore Australia27 April 2021 TechnipFMC has announced it has received a Notice to Proceed for a significant (between $75 million and $250 million) subsea production system contract from Santos Ltd. (ASX: STO) for the Barossa project, located 300 kilometres north of.... |
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TechnipFMC and Bombora form strategic partnership to develop floating wave and wind power project02 April 2021 TechnipFMC, a global leader in the energy industry, and Bombora, a leading wave energy technology company, have formed a strategic partnership to develop a floating wave and wind power project in support of a more sustainable future. The.... |
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TechnipFMC completes share purchase agreement with Bpifrance01 April 2021 TechnipFMC today provided an update on the Share Purchase Agreement with Bpifrance Participations SA related to its recent separation into two industry-leading, independent, publicly traded companies – TechnipFMC and Technip Energies. Bpifrance, a substantial shareholder of TechnipFMC since.... |
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GAC UK secures 5-year frame agreement with TechnipFMC25 March 2021 TechnipFMC has awarded GAC UK a new 5-year Ships Agency and Associated Services Frame Agreement, extending its long-standing partnership with the marine and logistics specialiasts. Under this frame agreement, GAC UK will continue to provide TechnipFMC with.... |
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TechnipFMC Enters Partnership with Magnora to Develop Floating Offshore Wind Projects18 March 2021 TechnipFMC has announced it has entered into an agreement with Magnora ASA (Magnora) to jointly pursue floating offshore wind project development opportunities under the name Magnora Offshore Wind. Magnora holds a strategic position within the renewable energy sector.... |
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TechnipFMC announces Q4 results25 February 2021 TechnipFMC have today published their Q4 results, as well as an update on the company's separation progress as it splits into two independent entities. Company highlights Cash flow from operations of $657 million; free cash flow of $365 million Total.... |
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TechnipFMC awarded iEPCI for Energean’s Karish North Development in Israel24 February 2021 TechnipFMC has received a letter of award (LOA) by Energean Israel Limited for the development of the Karish North field, located offshore Israel. TechnipFMC will design, manufacture, deliver and install subsea equipment including the subsea production system, rigid.... |
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TechnipFMC Awarded Integrated EPCI Contract for Development of North El Amriya and North Idku18 February 2021 TechnipFMC has been awarded a significant (between $75 million and $250 million) integrated Engineering Procurement Construction and Installation (iEPCI™) contract by NIpetco and PetroAmriya, two Joint Ventures between Energean and Egyptian Natural Gas Holding Company (EGAS) and.... |
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TechnipFMC Completes Separation of Two Industry-leading, Independent, Publicly Traded Companies16 February 2021 TechnipFMC today announced the completion of its spin-off transaction to create two industry leading, independent, publicly traded companies, TechnipFMC and Technip Energies. In connection with the separation, the Technip Energies technical reference price was set at €9.00 ahead.... |
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Technip Energies and Chiyoda Awarded a Major LNG contract for the North Field East Project in Qatar09 February 2021 TechnipFMC is pleased to announce that CTJV, a joint venture between Chiyoda Corporation and Technip Energies, has been awarded a major (over $1bn) Engineering, Procurement, Construction and Commissioning ("EPCC”) contract by Qatar Petroleum for the onshore facilities.... |
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TechnipFMC confirms dates for split into two companies04 February 2021 TechnipFMC plc today announced the timing and details regarding its previously announced separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider; and Technip Energies, a leading engineering and technology player..... |
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TechnipFMC Announces Executive Leadership Change13 January 2021 TechnipFMC announced today that Alf Melin has been named Executive Vice President and Chief Financial Officer, effective January 25, 2021. Mr. Melin has been with the Company since 1995 and has held multiple leadership positions in finance, treasury.... |
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TechnipFMC to resume split into two companies08 January 2021 TechnipFMC has announced the resumption of activities toward its planned separation into two industry-leading, independent, publicly traded companies: TechnipFMC, a fully integrated technology and services provider; and Technip Energies, a leading engineering and technology player. The separation.... |
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TechnipFMC Receives Notice to Proceed for EPC Contract for Sempra LNG’s and IEnova’s Energía Costa Azul LNG Facility18 November 2020 TechnipFMC (NYSE:FTI) (PARIS:FTI) has received a Notice to Proceed for a major(1) Engineering, Procurement, and Construction (EPC) contract by Sempra LNG and Infraestructura Energética Nova, S.A.B. de C.V. (IEnova) at their Energía Costa Azul (ECA) liquefied natural.... |
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TechnipFMC Awarded a Significant EPCI Contract for the Equinor Breidablikk Pipelay and Subsea Installation19 October 2020 TechnipFMC has been awarded a significant (~$75 - $250m) Engineering, Procurement, Construction and Installation contract by Equinor for the Breidablikk Pipelay, including option for the Subsea Installation scope located in the area close to the Grane Field,.... |
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TechnipFMC appoints Margareth Øvrum to its Board of Directors02 October 2020 TechnipFMC announces today that Margareth Øvrum, Executive Vice President of Equinor ASA, Development and Production Brazil, has been appointed to its Board of Directors, effective October 1, 2020. Doug Pferdehirt, Chairman and CEO of TechnipFMC, stated "I am.... |
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TechnipFMC Awarded a Large Subsea Contract for ExxonMobil Payara Development01 October 2020 TechnipFMC has been awarded a large ($500m - $1bn) contract by Exxon Mobil Corporation subsidiary Esso Exploration and Production Guyana Limited ("EEPGL”) for the subsea system for the proposed Payara project. TechnipFMC will manufacture and deliver the subsea.... |
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TechnipFMC Awarded Significant Ethylene Furnaces Modernisation Contract by Shell30 September 2020 TechnipFMC has been awarded a significant ($75m - 250m) contract by Shell Moerdijk for the Engineering, Procurement and module Fabrication (EPF) for proprietary equipment and related services for eight ethylene furnaces at the Moerdijk petrochemicals complex in.... |
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Neptune Energy commences subsea construction on Seagull project23 September 2020 Neptune Energy and its joint venture partners BP and JAPEX today announced the beginning of the subsea construction phase of the Seagull tie-back project. TechnipFMC, working under the Neptune Energy Alliance Agreement, has deployed the Apache II pipelay.... |
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TechnipFMC wins Subsea EPCI for the Libra Consortium’s Mero 2 Project in Brazil20 August 2020 TechnipFMC has been awarded a large ($500m - $1bn) contract for Engineering, Procurement, Construction and Installation (EPCI) through a competitive contracting process, by Petrobras, the leader and operator of the Libra Consortium, which was formed by Petrobras,.... |
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TechnipFMC Launch Joint Subsea Fiber Optic Service with Halliburton09 July 2020 Halliburton Company and TechnipFMC today introduced Odassea™, the first distributed acoustic sensing solution for subsea wells. The technology platform enables operators to execute intervention-less seismic imaging and reservoir diagnostics to reduce total cost of ownership while improving.... |
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