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TechnipFMC PLC (FTI.PA)

FTI.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

TechnipFMC wins 'significant' Equinor subsea contract
Wednesday, 20 Mar 2019 02:08am EDT 

March 20 (Reuters) - Equinor ASA ::EQUINOR AWARDING CONTRACT FOR SUBSEA PRODUCTION SYSTEM FOR JOHAN SVERDRUP PHASE 2 - EQUINOR.COM.AWARDING A CONTRACT FOR CONSTRUCTING AND INSTALLING SUBSEA PRODUCTION SYSTEM FOR PROJECT PHASE 2 TO TECHNIPFMC.TECHNIPFMC DESCRIBES VALUE OF CONTRACT AS "SIGNIFICANT", DEFINED TO BE IN RANGE OF USD 75-250 MILLION.PRODUCTION SYSTEM CONSISTS OF FIVE TEMPLATES AND A TOTAL OF 18 X-MAS TREES WITH ASSOCIATED COMPONENTS.PLANS CALL FOR JOHAN SVERDRUP FIELD TO START UP IN NOVEMBER THIS YEAR.PRODUCTION START OF PHASE 2 IS SCHEDULED FOR Q4 2022.WE HAVE NOW DETERMINED SUBSEA SOLUTION FOR BOTH PHASE 1 AND 2 OF FIELD DEVELOPMENT, AND TECHNIPFMC HAS BEEN GIVEN RESPONSIBILITY FOR BOTH JOBS.CONTRACTS ARE SUBJECT TO APPROVAL OF PLAN FOR DEVELOPMENT AND OPERATION (PDO) FOR JOHAN SVERDRUP PHASE 2, WHICH WAS SUBMITTED TO AUTHORITIES IN AUGUST 2018.  Full Article

TechnipFMC Signs Surface Technologies Frame Agreement With Chevron
Wednesday, 14 Nov 2018 01:00am EST 

Nov 14 (Reuters) - TECHNIPFMC PLC ::TECHNIPFMC SIGNS A SURFACE TECHNOLOGIES FRAME AGREEMENT WITH CHEVRON.5-YEAR AGREEMENT COVERS EXCLUSIVE SUPPLY OF SURFACE WELLHEAD EQUIPMENT AND SERVICE IN UNITED STATES AND CANADA..  Full Article

TechnipFMC wins subsea contract in offshore China for the Liuhua fields
Thursday, 31 May 2018 01:00am EDT 

May 31 (Reuters) - TechnipFMC PLC , FTI.PA::* Awarded a subsea contract by CNOOC Limited for the Liuhua 16-2, 20-2 and 21-2 Oilfield Joint Development Project in the South China Sea, at water depths ranging from 380 to 430 meters..  Full Article

TechnipFMC wins contracts for two fertilizer plants in India
Tuesday, 22 May 2018 01:00am EDT 

May 22 (Reuters) - TechnipFMC PLC , FTI.PA::* Wins contracts for two state-of-the-art, natural gas based fertilizer complexes in Eastern India..  Full Article

TechnipFMC And Magma Global To Enter Into A Collaboration Agreement For Hybrid Flexible Pipe
Friday, 23 Mar 2018 02:00am EDT 

March 23 (Reuters) - Technipfmc Plc ::TECHNIPFMC AND MAGMA GLOBAL TO ENTER INTO A STRATEGIC COLLABORATION AGREEMENT FOR HYBRID FLEXIBLE PIPE.‍AS PART OF COLLABORATION, TECHNIPFMC IS PURCHASING A MINORITY STAKE IN MAGMA GLOBAL​.  Full Article

TechnipFMC Reports Qtrly Loss Per Share $0.33
Wednesday, 21 Feb 2018 04:16pm EST 

Feb 21 (Reuters) - Technipfmc Plc ::TECHNIPFMC ANNOUNCES FOURTH QUARTER 2017 RESULTS.QTRLY LOSS PER SHARE $0.33.QTRLY ‍REVENUE $3,683.0 MILLION​.QUARTER-END ‍BACKLOG $12,982.8 MILLION​."‍IN 2018, WE EXPECT TO SEE ANOTHER INCREASE IN SUBSEA MARKET ACTIVITY"​.‍RECORDED A TAX PROVISION DURING Q4 OF $295.8 MILLION​.SEES 2018 ONSHORE/OFFSHORE REVENUE IN A RANGE OF $5.3 BILLION – 5.7 BILLION.SEES ‍2018 SUBSEA REVENUE IN A RANGE OF $5.0 BILLION- 5.3 BILLION​.SEES ‍2018 SURFACE TECHNOLOGIES REVENUE IN A RANGE OF $1.5 BILLION - 1.6 BILLION​.  Full Article

TechnipFMC And Island Offshore Enter Into A Strategic Collaboration Agreement For Riserless Light Well Intervention
Thursday, 1 Feb 2018 04:30pm EST 

Feb 1 (Reuters) - TechnipFMC Plc ::TECHNIPFMC AND ISLAND OFFSHORE ENTER INTO A STRATEGIC COLLABORATION AGREEMENT FOR RISERLESS LIGHT WELL INTERVENTION.TECHNIPFMC PLC - SIGNED DEAL WITH ISLAND OFFSHORE GROUP TO ACQUIRE A 51% STAKE IN ISLAND OFFSHORE'S WHOLLY OWNED SUBSIDIARY, ISLAND OFFSHORE SUBSEA AS.TECHNIPFMC PLC - ISLAND OFFSHORE SUBSEA AS WILL BE REBRANDED AND BECOME OPERATING UNIT FOR TECHNIPFMC'S RLWI ACTIVITIES WORLDWIDE.  Full Article

TechnipFMC awarded contract for Statoil Snorre Expansion Project in North Sea
Thursday, 21 Dec 2017 01:03am EST 

Dec 21 (Reuters) - TechnipFMC , FTI.PA::* Awarded an Engineering, Procurement & Construction (EPC) contract by Statoil for the Snorre Expansion Project.* The Snorre Expansion contract covers the delivery of subsea production systems and includes 6 subsea templates and subsea production equipment. .* Snorre is located in the Tampen area of the North Sea and has been producing oil and gas since August 1992.  Full Article

Technipfmc Awarded Bapco Sitra Refinery Expansion In Bahrain
Monday, 4 Dec 2017 01:00am EST 

Technipfmc Plc ::TECHNIPFMC AWARDED BAPCO SITRA REFINERY EXPANSION IN BAHRAIN.TECHNIPFMC PLC SAYS BEEN AWARDED A $ 4.2 BILLION CONTRACT FROM BAHRAIN PETROLEUM COMPANY (BAPCO) FOR BAPCO MODERNIZATION PROGRAM.  Full Article

TechnipFMC wins subsea contract with Murphy Sabah Oil in offshore Sabah, Malaysia
Friday, 3 Nov 2017 02:03am EDT 

Nov 3 (Reuters) - TechnipFMC Plc , FTI.PA::* Awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project.* Project is located in offshore Sabah, Malaysia, at a water depth of approximately 1,300 meters..  Full Article

French Finance Minister slams pay deal for outgoing Technip boss Pilenko

PARIS, March 21 French Finance Minister Bruno Le Maire on Thursday slammed a bonus payment deal for TechnipFMC's outgoing chairman Thierry Pilenko, given recent losses racked up at the oil services company.