Subsea holds the key as TechnipFMC enjoys strongest quarter for orders
TechnipFMC enjoyed its strongest quarter of the year for new orders in the three months ended September 30, booking in $2.2 billion of new deals.
TechnipFMC
Etinde FID slips to mid-2021
A final investment decision (FID) on Cameroon’s Etinde project is now expected in mid-2021, junior partner in the venture Bowleven has reported.
TechnipFMC, SBM celebrate deals as Exxon sanctions latest Guyana development
US oil major ExxonMobil has made a final investment decision to develop the $9 billion, 600 million barrel Payara field off Guyana.
TechnipFMC wins ‘significant’ contract to cut emissions at Shell Moerdijk plant
TechnipFMC has won a “significant” contract to help reduce emissions by 10% at the Shell Moerdijk plant in the Netherlands.
Aker Solutions, Wood clinch contracts as Equinor sanctions major subsea development
Equinor and partners have made a final investment decision to develop the 200-million-barrel Breidablikk field in the Norwegian North Sea.
ROV finds Nazi warship torpedoed by British sub off Norway 80 years ago
A subsea cable inspection has uncovered a long-lost Nazi warship, attacked by a British submarine off Norway 80 years ago.
TechnipFMC posts £2.4billion losses for first half of 2020
TechnipFMC has recorded pre-tax losses of £2.4bn for the first half of 2020 thanks to heavy write-downs of its oil and gas assets.
TechnipFMC wins Egyptian hydrocracking work
TechnipFMC has won work to build a new hydrocracking complex for the Assiut refinery, in Egypt.
TechnipFMC to cut around 60 Fife jobs in ‘hammer blow’ for workers
TechnipFMC plans to cut around 60 jobs in Fife after the price of oil and gas plummeted.
TechnipFMC secures £150m worth of work with Equinor
Equinor has awarded £150 million worth of work to TechnipFMC for three projects offshore Norway.
Offshore worker hospitalised with ‘crushing injury’ at North Sea field
An offshore worker has been hospitalised after sustaining a “crushing injury” at a North Sea oilfield.
JGC positive on Middle Eastern contracts
Japan’s JGC remains positive about receiving the go ahead for work in Qatar, Iraq, Oman and Mozambique.
Majority of TechnipFMC UK job cuts to impact Aberdeenshire workforce
TechnipFMC UK job cuts are to largely impact its subsea workforce in the north-east as the lion’s share of proposed redundancies have been served to Westhill staff.
TechnipFMC blames ‘volatile’ market as UK jobs expected to follow Norway cull
Oilfield services firm TechnipFMC is understood to be following up hundreds of job losses across its sites in Norway with scores of UK redundancies.
TechnipFMC records loss of £2.59bn in first quarter
Hefty impairments plunged TechnipFMC into the red in the first quarter of 2020 as the energy services firm felt the impact of the oil price slump and Covid-19 outbreak.
Employee safety ‘paramount’ after TechnipFMC confirms virus cases on North Sea vessel
TechnipFMC has said employee safety is of “paramount importance” after confirming a virus outbreak on board one of its North Sea vessels.
Exxon pushes back Rovuma LNG decision, again
ExxonMobil’s decision to slash capital expenditure this year by 30% has pushed back a final investment decision (FID) on the Rovuma LNG project, in Mozambique.
TechnipFMC announces plan to cut spending by a third due to coronavirus
Energy services firm TechnipFMC has announced a reduction in spending of more than 30% in response to the coronavirus outbreak.
TechnipFMC delays split until market improves
Energy services firm TechnipFMC said this evening that its split into two separate companies would be delayed due to recent market turmoil.
TechnipFMC inks multi-million deal with BP in Angola
French oilfield services firm TechnipFMC has announced a multi-million pound deal with BP in Angola.
TechnipFMC wins FEED work on Etinde
TechnipFMC has won lead front-end engineering design (FEED) work on the development of the IM gas condensate field, offshore Cameroon, Bowleven has reported.
Worley wins Mozambique LNG work
Worley has won two master service agreements (MSAs) from Total for work on the Mozambique LNG project.
Exclusive: Halliburton-TechnipFMC merger could spell ‘inevitable’ North Sea job losses
North-east job losses are thought to be “inevitable” if a potential merger involving two offshore giants takes place, a union boss warned last night.
Halliburton-TechnipFMC deal: ‘Creating another giant’ comes with uncertainty, experts claim
North Sea job losses could be a potential outcome of “creating another giant” in the oilfield services sector, a top energy consultant said yesterday,
TechnipFMC braces Wall Street for $2.4bn write down in Q4
Global oilfield service giant TechnipFMC has warned Wall Street to brace for a $2.4 billion hit to the value of the company's assets when it releases its fourth-quarter and 2019 reports Feb. 26.