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TechnipFMC to separate into two companies

TechnipFMC plc (NYSE: FTI) (Paris: FTI) on Monday said is its Board of Directors had unanimously approved its plan to separate into two industry-leading, independent, publicly traded companies: RemainCo, a fully-integrated technology and services provider, continuing to drive energy development;...

TechnipFMC wins Shell subsea contract

TechnipFMC (NYSE: FTI) (Paris: FTI) has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the PowerNap project, located in the Gulf of Mexico. TechnipFMC will design, manufacture and install subsea hardware, including subsea...

TechnipFMC bags India subsea contract

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin. The company says these contracts cover the fabrication and installation of...

Anadarko taps TechnipFMC for major subsea contract

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a number of subsea contracts by Anadarko Moçambique Área 1, Lda, a wholly owned subsidiary of Anadarko Petroleum Corporation, for its Mozambique Golfinho/Atum development. TechnipFMC was awarded a major Contract for the...

TechnipFMC secures contract iEPCI contract for TOR development

TechnipFMC (Paris:FTI) (NYSE:FTI) 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. This contract...

TechnipFMC secures subsea contract for Lapa Pre-Salt Field in Brazil

UK-based TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a contract for the Lapa field by Total E&P do Brasil Ltda on behalf of the Lapa Field Consortium, comprised of Total (35%), Shell Brasil Petróleo Ltda. (30%), Repsol Sinopec Brasil...

TechnipFMC snags EPCI contract for Eni’s Merakes project

TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, Transportation and Installation (iEPCI™) contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 meters. This contract covers five deepwater wells, and...

TechnipFMC awarded major subsea contract for Equinor Johan Sverdrup Phase 2

TechnipFMC has been awarded a major subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a water depth of 120 meters. The contract covers the delivery and installation...

TechnipFMC setting up new service facility in Guyana

ExxonMobil’s prime contractor for the manufacturing and installation of subsea equipment, TechnipFMC, days ago broke ground on its new location at Houston, on the East Bank of Demerara in Guyana. According to ExxonMobil Guyana, the new TechnipFMC location will initially...

TechnipFMC, DOF Subsea announce delivery of Skandi Olinda and start of Contract with Petrobras

TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) and DOF Subsea (DOF) announce that the Skandi Olinda, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), has commenced its 8-year charter contract with...

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Letter-to-the-Editor: Strengthening Guyana’s oil spill response is a win for both the environment and the economy 

Dear Editor, The recent completion of the Oil Spill Response & Shoreline Cleanup Assessment Techniques Course and Incident Command System...