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TechnipFMC, Samsung awarded US$4.2B by Bahrain Petroleum Company

OilNOW -
TechnipFMC said on Monday it has been awarded a US$4.2B contract, jointly with Samsung Engineering and Tecnicas Reunidas, from Bahrain Petroleum Company (Bapco) for the Bapco Modernization Program (BMP). TechnipFMC awarded Subsea Contract for Liza deep water project The project is located...
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TechnipFMC-led consortium to expand Bahrain refinery

OilNOW -
(Reuters) - State-run Bahrain Petroleum Co (Bapco) has awarded a consortium led by UK-based TechnipFMC a contract to expand Bahrain's only oil refinery, sources close to the matter told Reuters on Friday. TechnipFMC awarded Subsea Contract for Liza deep water...
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TechnipFMC says surface activity outside North America resilient

OilNOW -
UK-based TechnipFMC says its surface activity outside of North America has been resilient, and the pricing environment has stabilized. In the company’s 3Q 2017 earnings conference call, CEO Douglas Pferdehirt, said, “The Middle East, North Africa and the North Sea...
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Plexus gets green light to sell subsidiary to TechnipFMC

OilNOW -
Plexus Holdings PLC (LON:POS) has confirmed that the proposed sale of a subsidiary business to TechnipFMC will go ahead after shareholders backed the deal. TechnipFMC has been awarded a contract by ExxonMobil for the engineering, manufacture and delivery of the...
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TechnipFMC awarded subsea contract for gas project in Malaysia

OilNOW -
TechnipFMC (NYSE: FTI) and (PARIS: FTI) has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project. The project is located in offshore Sabah, Malaysia, at a water depth of approximately...
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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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Suriname President announces 2026 launch of National Local Content Program in first annual address

PARAMARIBO, SURINAME - In her first annual address to Parliament, President Jennifer Geerlings-Simons announced that Suriname will launch a...

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