Oilfield services company TechnipFMC has reaffirmed its planned split into two separate companies is „well on track“ for completion in the first half of 2020. TechnipFMC, formed in 2017 via a merger between France's Technip and U.S. FMC Technologies…
UK-based player in subsea, onshore/offshore and surface projects TechnipFMC has entered into a memorandum of agreement (MOA) to sell the Global 1201 S-lay and heavy-lift and pipelay vessel in an effort to optimize the profile and size of its subsea fleet…
TechnipFMC announced on Friday it has been awarded an integrated engineering, procurement, construction and installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia.The contract…
TechnipFMC announced on Tuesday it has been awarded a contract by PetroVietnam Gas for the engineering, procurement and construction (EPC) of the Nam Con Son 2 Phase 2 pipeline across Nam Con Son basin and Cuu Long basin in Vietnam.The scope…
Franco-American oil services firm TechnipFMC Plc said on Monday it would spin off its engineering and construction operations into a separate company, leaving it as a technology-focused equipment supplier to oil and gas companies.TechnipFMC…
TechnipFMC has been awarded an engineering, procurement, construction and installation (EPCI) contract by Shell for the deepwater PowerNap project, located in the US Gulf of Mexico, the services company announced on Thursday.The award, an integrated…
An integrated contract model combining the supply of subsea production systems (SPS) with the design and installation of subsea umbilical, risers and flowlines (SURF) has emerged as a top project-getter for services company TechnipFMC.The London-headquartered company…
Franco-American oil services company TechnipFMC received a record volume of orders in the second quarter, pushing its backlog of projects to a peak thanks to new liquefied natural gas projects, it said on Wednesday.The records could signal a…
Oil services company TechnipFMC said it would pay $301.3 million to resolve anti-corruption probes with Brazilian and U.S. authorities, and added it was committed to resolving another probe on its affairs with French authorities.TechnipFMC said…
TechnipFMC said it has been awarded a number of subsea contracts by US-based Anadarko Petrleum for its Golfinho/Atum development offshore Mozambique.The UK-based firm said it was awarded a contract worth more than $1 billion for the engineering…
Oil services company TechnipFMC's saw a slump in revenue and net income in the first quarter, missing expectations but said it had returned to growth as it booked $6.2 billion in orders, the highest since the last quarter of 2014.The company…
TechnipFMC said it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters…
TechnipFMC said on Tuesday it has secured a contract to supply flexible pipes for oil production, gas lift and gas injection as well as associated accessories for the Lapa field, located in the pre-salt Santos Basin, under the BM-S-9A concession…
The newly delivered Skandi Olinda flexible lay and construction vessel owned by a 50/50 joint venture of TechnipFMC and DOF Subsea has commenced an eight-year charter contract with Petroleo Brasileiro S.A. (Petrobras).'Skandi Olinda has state-of-the-art pipelay and marine technology…
TechnipFMC announced Tuesday it has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Lundin Norway for the Luno II and Rolvsnes development, located in the North Sea at a water depth of 110 meters…
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