“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.”
Azule Energy has awarded TechnipFMC work to supply flexible pipe for its Ndungu project offshore Angola.
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.
TechnipFMC has secured a contract with Equinor to provide well intervention services across Norwegian waters.
Total discovered Girassol in 1996 and began producing within five years. The field celebrated its 20-year anniversary in 2021.
A trade body has hit out at “increasingly unsustainable” contracts in offshore wind, threatening targets for its rollout.
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.
North Sea operator Neptune Energy has handed a contract to TechnipFMC to carry out work in Norway.
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.
Energy services giant TechnipFMC bagged $1.9 billion of subsea orders in the first quarter of the year.
Energean almost doubled its adjusted EBITDAX in 2021, from 2020, and expects first gas from its Karish project in the third quarter of this year.
The Piper Bravo platform is being moved ahead as the preferred option to develop a joint Hibiscus and Ithaca Energy 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.
TechnipFMC has won a “large” engineering, procurement, construction and installation (EPCI) deal with Petrobras for the Buzios development off Brazil.
The results of Scotland's first offshore wind leasing round in more than a decade are expected to be released in a matter of days.
TechnipFMC has decided to de-list from the Euronext Paris after selling off a chunk of its holding in spin-off firm TechnipEnergies.
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.
An Orkney tidal power firm has gained the backing of energy services giant TechnipFMC to scale up its technology.
Israeli power producer Dalia Power Energies has opted to terminate its gas purchase from Energean’s Karish and Tanin developments.
TechnipFMC (NYSE: FTI) stayed in the red in Q3, with pre-tax losses of $26.7m, as market momentum in the North Sea and Asia slowed.