“We have good knowledge of this field, having built the subsea tree systems for the original Girassol development. It gives us immense pride that our long-term clients continue to show trust and confidence in our solutions through subsequent awards.”
The company then self reported to the French authorities. The PNF investigation focused on the two West African states and then expanded into work in Angola.
TechnipFMC’s Deep Energy vessel is assisting in search efforts for a submarine which went missing on an expedition to explore the wreck of the Titanic off the Canadian coast.
Tullow Oil expects to begin drilling wells on Jubilee South East this quarter, with the aim of boosting production beyond 100,000 barrels per day in 2025.
TechnipFMC (PAR:FTI) continues its profitable run, reporting steady revenue and a record subsea orderbook. It will now look to offshore and Middle East oil and gas projects to drive performance in the coming years.
TechnipFMC (NYSE: FTI) said a 10% upswing in revenue showed the energy industry was poised for growth, as the group looks to cut debt and buy back “undervalued” shares.
A video has been released showing work taking shape on the Tailwind Energy-operated Evelyn development and the Gannet E expansion project in the North Sea.
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
Technip Energies has won work to update the front-end engineering design (FEED) on the Ghasha mega project. Meanwhile, TechnipFMC has won a contract worth more than $1 billion from Adnoc.