TechnipFMC takes $1.9bn worth of subsea orders in Q1
Energy services giant TechnipFMC bagged $1.9 billion of subsea orders in the first quarter of the year.
TechnipFMC
Energean sees landmark 2022 with Karish, dividends starting
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.
Ithaca Energy and Hibiscus go with Piper Bravo for new North Sea project
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.
Opportunities abound as Asia Pacific set for $4 billion subsea spend in 2022
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 lands large contract for Petrobras Buzios 6 field off Brazil
TechnipFMC has won a “large” engineering, procurement, construction and installation (EPCI) deal with Petrobras for the Buzios development off Brazil.
ScotWind – Who’s in the running with the results due imminently?
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 de-lists from Euronext, sells £100m stake in TechnipEnergies
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, TechnipFMC take Adnoc work
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.
‘Game changer’: Energy services giant TechnipFMC invests in Orkney tidal power firm
An Orkney tidal power firm has gained the backing of energy services giant TechnipFMC to scale up its technology.
TechnipFMC wins large contract with ExxonMobil for work off Guyana
TechnipFMC (NYSE: FTI) (PARIS: FTI) has bagged a major contract with ExxonMobil (NYSE: XOM) for work in the Stabroek block, offshore Guyana.
Energean faces termination claim at Karish
Israeli power producer Dalia Power Energies has opted to terminate its gas purchase from Energean’s Karish and Tanin developments.
TechnipFMC takes Q3 losses amid reduced activity in North Sea and Asia
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.
‘Feeling Fyne’: Firm led by former TechnipFMC exec plans development of North Sea field
A company led by the former subsea president of TechnipFMC has acquired the entire stake of the Fyne field in the UK North Sea, with plans to push ahead with development.
Jefferies – Global subsea capex hits highest quarterly level for two years
Global offshore and subsea capital expenditure (capex) recently hit its highest quarterly level for two years, according to an industry database.
TechnipFMC cuts Technip Energies stake, buys out JV
TechnipFMC is placing around 9% of Technip Energies outstanding shares through a private placement, while also bringing more focus to bear on its integrated service model.
Magnora Offshore Wind bids for two ScotWind sites, RWE participating in process
Magnora Offshore Wind has confirmed it has submitted applications to secure two plots of seabed off the coast of Scotland.
TechnipFMC wins ‘significant’ contract for Tullow Jubilee South East off Ghana
TechnipFMC has been awarded a “significant” contract for the Tullow Oil Jubilee South East development offshore Ghana.
Petronas awards deep-water Limbayong deal to TechnipFMC
TechnipFMC will carry out the engineering, procurement, construction, installation and commissioning contract for the subsea production system, umbilical, riser and flowline (SURF) at Petronas’ Limbayong deep-water development offshore Malaysia.
TechnipFMC wins contract with Ithaca for Captain EOR project
Energy service firm TechnipFMC has clinched a contract with Ithaca Energy for the Captain enhanced oil recovery (EOR) project in the UK North Sea.
TechnipFMC, Energies deny Mozambique reports
TechnipFMC has rejected some claims around its Mozambique LNG work.
TechnipFMC reports ‘exceptional start’ to 2021 as subsea orders double
TechnipFMC has marked what it described as an “exceptional start” to 2021 as subsea orders doubled from the end of last year.
TechnipFMC selling 14% of Technip Energies for £240million
TechnipFMC has announced it is selling 14% of spin-off Technip Energies in a share placing deal for over £240million.
EnerMech lands string of UK contracts worth ‘tens of millions’ of pounds
Aberdeen-headquartered engineering firm EnerMech has won a string of contracts for its UK operations worth “tens of millions” of pounds.
TechnipFMC ‘well-positioned’ to benefit from market improvements despite slumping to huge losses
Bosses at TechnipFMC are confident the energy services giant is “well-positioned” to benefit from the “improved market outlook” in the coming months.
TechnipFMC wins Malaysia deep-water deal
UK-based engineering giant TechnipFMC has won a deal worth between $250 million and $500 million for a key contact at the Petronas-operated Limbayong deep-water development offshore Malaysia.