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TechnipFMC projects slow deepwater recovery in 2018

OilNOW -
(Chron) The world's largest offshore services company, TechnipFMC, reported that its revenues grew from the previous quarter, but the deepwater sector remains mired in a downturn. CEO Doug Pferdehirt said he sees the early signs of a recovery continuing into 2018...
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TechnipFMC reaches agreement to acquire Plexus’ Exploration Wellhead business

OilNOW -
TechnipFMC said Thursday that an agreement has been reached with Plexus Holding to acquire Plexus’s Wellhead exploration equipment and services business for jack up applications. In conjunction with TechnipFMC’s global footprint and market presence, this portfolio expansion in the...
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TechnipFMC awarded EPCI contract for Statoil Peregrino Phase II project

OilNOW -
TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation contract by Norwegian multinational oil and gas company, Statoil. It covers the execution of the subsea pipeline connection for the new production platform in Peregrino Phase II Project, located in...
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TechnipFMC awarded integrated EPCI contract for Hurricane Lancaster project

OilNOW -
TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation contract from Hurricane Energy PLC. The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Lancaster Early Production System (EPS) Project....
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TechnipFMC awarded EPCI contract for Husky Energy West White Rose project

OilNOW -
TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract from Husky Energy for the West White Rose Project in Eastern Canada. The contract covers the supply and installation of subsea equipment including tie-in manifolds, flexible flowlines, and...
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Class action lawsuit filed against TechnipFMC

OilNOW -
(GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against TechnipFMC plc (“TechnipFMC” or the “Company”) (NYSE:FTI) and certain of its officers.   The class action, filed in United States District Court, Southern District of...
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TechnipFMC shares slide

OilNOW -
(Reuters) - TechnipFMC's shares slid on Tuesday, a day after the oil services company said it had overstated its first-quarter net income by $209.5 million. TechnipFMC said late on Monday that the overstatement stemmed from accounting errors related to its...
News

OilNOW EXCLUSIVE: Learn more about what TechnipFMC is undertaking offshore Guyana

OilNOW -
TechnipFMC has been awarded three contracts by ExxonMobil for development of the Liza field offshore Guyana. Carlos Latorre, International Service Manager, spoke exclusively with OilNOW and had this to say... https://www.youtube.com/watch?v=fWMCjZv075Q    
News

TechnipFMC says it has aggressive local content policy, “big plans for Guyana”

OilNOW -
TechnipFMC, a leading provider of oil and gas projects, technologies, systems and services, says it has an aggressive local content policy and “big plans for Guyana” as it moves forward with development work offshore the South American country. The...
News

TechnipFMC awarded extension on EPCI contract with Statoil

OilNOW -
TechnipFMC has been awarded an extension to its ongoing Engineering, Procurement and Construction (EPC) contract from Statoil in the Norwegian North Sea. The ongoing EPC project covers the provision of subsea equipment including template structure, manifold and two subsea trees...
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Guyanese soldiers repeatedly attacked by armed men on Venezuelan shore during river patrols on Wednesday

The Guyana Defense Force (GDF) said on Thursday that its troops came under attack by armed men in civilian...

OilNOW is a Resource Center founded and owned by Guyanese. OilNOW is an apolitical, non-partisan, privately owned agency that strives to ensure the highest degree of accuracy and balance.

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