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TechnipFMC Q1 profits almost quadrupled

OilNOW -
First quarter profits almost quadrupled at TechnipFMC as the oil service giant cashed in on better market conditions. The company also attributed its £100million pre-tax income to synergies achieved through the merger between Technip and FMC Technologies, completed early last...
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TechnipFMC secures FPSO design contract from BP

OilNOW -
BP has awarded TechnipFMC the engineering design contract for the Tortue/Ahmeyim fields floating production, storage and offloading (FPSO) unit. TechnipFMC is the same company that has been awarded a contract by ExxonMobil Guyana for the engineering, manufacture and delivery of...
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UTEC secures major deal from Liza subsea contractor TechnipFMC affiliate

OilNOW -
UTEC, a global survey company in subsea services group Acteon said it has won a contract from Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western...
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TechnipFMC awarded contract for Statoil Snorre project

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TechnipFMC has landed an Engineering, Procurement & Construction (EPC) contract with Statoil for its Snorre Expansion Project. It comes as the Norwegian operator confirmed an additional 25-year investment. The Snorre Expansion contract covers the delivery of subsea production systems and...
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TechnipFMC opens new facility in Abu Dhabi

OilNOW -
(Gulf News Energy) TechnipFMC opened its 18,000 square metres new facility in Industrial City of Abu Dhabi (ICAD) as part of its continued investment in the UAE, according to a statement from the firm on Thursday. The new plant...
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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...
News

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...
News

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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Bulk carrier spills oil at Guyana’s Demerara River, regulator says

A bulk carrier moored at a wharf along Guyana’s Demerara River spilled oil on Thursday, prompting an emergency response...

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