TechnipFMC Plc
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About
TechnipFMC is a global leader in subsea, onshore/offshore and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.
Editor's note: Updated Aug. 26, 2019.
Transactions
TechnipFMC To Form Two Independent Companies Through Spinoff
TechnipFMC To Form Two Independent Companies Through Spinoff
TechnipFMC To Acquire Plexus' Exploration Wellhead Business
TechnipFMC To Acquire Plexus' Exploration Wellhead Business
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New Financings
Priced its upsized private offering of 2026 senior unsecured notes previously announced Jan. 19. Proceeds…
Announced the expiration of the exchange offer for its outstanding unregistered 3.45% senior notes due…
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News
Spate of New Contracts Boosts TechnipFMC's Subsea Profits
TechnipFMC's operational profits are growing as the company heightened its focus on “quality” subsea orders, which earned $2.4 billion for the first quarter.
Deepwater Roundup 2024: Americas
The final part of Hart Energy E&P’s Deepwater Roundup focuses on projects coming online in the Americas from 2023 until the end of the decade.
Exxon Mobil Guyana Awards Two Contracts for its Whiptail Project
Exxon Mobil Guyana awarded Strohm and TechnipFMC with contracts for its Whiptail Project located offshore in Guyana’s Stabroek Block.
Deepwater Roundup 2024: Offshore Europe, Middle East
Part three of Hart Energy’s 2024 Deepwater Roundup takes a look at Europe and the Middle East. Aphrodite, Cyprus’ first offshore project looks to come online in 2027 and Phase 2 of TPAO-operated Sakarya Field looks to come onstream the following year.
Deepwater Roundup 2024: Offshore Africa
Offshore Africa, new projects are progressing, with a number of high-reserve offshore developments being planned in countries not typically known for deepwater activity, such as Phase 2 of the Baleine project on the Ivory Coast.
OEP Completes Acquisition of TechnipFMC’s Measurement Solutions Business
One Equity Partners said TechnipFMC’s measurement solutions business will be rebranded as Guidant and specialize in measurement technology, automation solutions and global systems.
NZT Power, NEP Pick Contractors for Teesside-based Decarbonization Projects
About $5.1 billion in work will go to the contractors once projects reach FID, which is expected in September.
Rystad: More Deepwater Wells to be Drilled in 2024
Upstream majors dive into deeper and frontier waters while exploration budgets for 2024 remain flat.
TechnipFMC Eyes $30B in Subsea Orders by 2025
TechnipFMC is capitalizing on an industry shift in spending to offshore projects from land projects.
TechnipFMC Declares Quarterly Dividend
TechnipFMC’s dividend is payable April 3 shareholders of record by the close of business on March 19.
Shell Taps TechnipFMC for 20K System for Sparta
The deepwater greenfield project in the Gulf of Mexico targets reserves in the high-pressure Paleogene reservoir.
Subsea Tieback Round-Up, 2026 and Beyond
The second in a two-part series, this report on subsea tiebacks looks at some of the projects around the world scheduled to come online in 2026 or later.
TechnipFMC Wins Pipe Installation Contract from BP
The Argos Southwest Extension project calls for tying back three wells to the Argos production semisubmersible in the Mad Dog Field.
TechnipFMC Wins High-Pressure Separation Contract for Mero 3
The Mero 3 HISEP project will capture and inject CO2 subsea for the Petrobras-operated pre-salt field offshore Brazil.
TechnipFMC Sells Terminal Management, Metering Business for $205MM
TechnipFMC will sell its Measurement Solutions business to One Equity Partners to focus on core products, the company said.