Oilfield services company TechnipFMC on Tuesday said it had completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies.TechnipFMC, created in 2017 through a merger between France-based Technip and U.S.-based FMC Technologies, announced its intention to separate into two independent public firms in August 2019 - one focused on upstream activities - Technip FMC - the other on midstream and downstream - Technip Energies…
Technip Energies has made three new appointments to its executive committee for the positions of Chief Operating Officer, Chief Business Officer, and Chief Digital and Information Officer.Naïla Giovanni, has been appointed to the newly created…
French oil and gas services provider Technip Energies on Tuesday agreed to resolve its outstanding matters with the French Parquet National Financier (PNF).The agreement on the form of a Convention Judiciaire d'Intérêt Public (CJIP) was signed on June 22…
French oil and gas services group Technip Energies on Thursday announced a green hydrogen solutions joint-venture with Belgian group John Cockerill, while reporting stronger-than-expected first-quarter earnings. The need to combat climate change…
Technip Energies, with its three partners Crowley, Anchor QEA, and Offshore Construction Associates, has been awarded the Floating Offshore Wind Readiness (FLOWIN) prize for Phase One by U.S. Department of Energy. The prize was awarded for Technip Energies’ in-house floater solution INO15…
Technip Energies, leading a joint venture composed of Samsung Engineering and Tecnimont S.p.A. (TST JV), has secured a Pre-Construction Services Agreement (PCSA) related to the onshore facilities for the Hail and Ghasha gas development project in Abu Dhabi…
Technip Energies has appointed Samir Karoum as Chief Strategy & Sustainability Officer and member of the Group Executive Committee.Based in Boston, USA, Karoum will oversee Strategy, Sustainability as well as investments, partnerships, strategic marketing and digital…
Technip Energies and its affiliates Kanfa and Inocean on Wednesday launched a suite of carbon-free solutions for green hydrogen production called of GO.H2TM by T.EN.'Hydrogen is integral to the energy transition, and, building on its long-lasting hydrogen and offshore track record…
Engineering and technology group, Technip Energies has acquired a 16.3% stake in X1 Wind, a startup that has designed 'an innovative and disruptive' offshore wind turbine floater.Technip Energies is the lead investor in this funding round, which…
Technip Energies said Thursday it had received the acceptance of its basis of the design of its INO12TM floating offshore wind concept from classification society DNV.The company said that DNV's acceptance marked important progress towards the…
Energy industry services firm TechnipFMC said Friday it had sold a 9.9% stake in Technip Energies to Hal Investments for €196.2 million (~$233 million).Technip Energies was created in February 2021 after TechnipFMC completed its spin-off transaction to create two independent…
Oilfield services giant TechnipFMC plans to acquire the remaining 49% of shares in TIOS AS from Island Offshore.TIOS is an offshore well intervention joint venture formed in 2018 between TechnipFMC and Norwegian offshore vessel owner Island Offshore…
TotalEnergies, a France-based oil major with green energy aspirations, is partnering up with energy services giant Technip Energies to develop low-carbon solutions for LNG production and offshore facilities.As part of the partner-up, which the duo says is set up to accelerate the energy transition…
Brazilian oil company Petrobras said Friday it had received the third and final installment from TechnipFMC-affiliated companies as part of a leniency agreement struck in 2019 to resolve anti-corruption investigations in Brazil.Petrobras said…
Shares in Technip Energies skyrocketed on Tuesday, the first trading day after Franco-American oilfield company TechnipFMC split its engineering and construction activities from its upstream oil services business.Shares were up 31.5% at 11.83 euros at 0901 GMT ($14…
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