TechnipFMC plc provides technology, project execution, products, and services for traditional and new energy markets. News about TechnipFMC centers on its Subsea and Surface Technologies segments, including integrated offshore project awards, subsea equipment and construction activity, and proprietary ecosystems such as iEPCI™, iFEED™, and iComplete®.
Recurring updates also cover quarterly financial results, inbound orders, backlog, cash flow, margin trends, dividends, share repurchases, and shareholder distributions. Company announcements frequently discuss offshore oil and gas development activity, direct customer awards, guidance for Subsea revenue and profitability, and investor conference participation.
TechnipFMC (NYSE: FTI) signed a memorandum of understanding with BP Exploration & Production, a BP subsidiary, covering subsea production systems.
The framework concerns 20,000 psi subsea tree systems, equipment used to control wells, for bp’s Paleogene projects in the Gulf of America. It allows cooperation on early opportunities and future technology development. TechnipFMC says standardized solutions can improve project predictability.
TechnipFMC (NYSE: FTI) has won a Petrobras subsea contract to supply flexible pipe systems for developments offshore Brazil.
The award falls within TechnipFMC's $75 million to $250 million contract classification and was included in inbound orders in the third quarter of 2026. Following a competitive bidding process, TechnipFMC will design, engineer, and manufacture flexible flowlines for multiple pre-salt fields. The project will draw on local engineering, manufacturing, and supply chain capabilities.
TechnipFMC (FTI) will hold its third-quarter 2026 earnings conference call on Thursday, October 29, 2026, at 1:30 p.m. London time (8:30 a.m. New York time).
The company will issue its earnings press release earlier that day at approximately 11:45 a.m. London time (6:45 a.m. New York time). The call will be webcast live via the Investor Relations website, with a replay available online after the event.
TechnipFMC (FTI)/b) received a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI®) contract from PETRONAS Carigali for the Limbayong deepwater greenfield project offshore Malaysia.The work covers the entire subsea scope and will use TechnipFMC’s Subsea 2.0® configure-to-order platform, which the company said is intended to reduce project cycle time for this fast-track development. The contract, classified as “significant,” has an expected value between $75 million and $250 million and will be recorded in inbound orders in the third quarter of 2026.
TechnipFMC (FTI)/b) announced that Chair and CEO Doug Pferdehirt will speak at the Barclays 40th Annual Energy-Power Conference on Tuesday, September 8, 2026, at 12:40 p.m. ET in New York.A live webcast will be accessible via the company’s Investor Relations website, with an audio replay available on the site for 180 days.
TechnipFMC (NYSE: FTI) received a “significant” contract from Azule Energy to supply flexible flowlines, risers, and associated equipment for the West Hub Tails project, an extension of the Block 15/06 Agogo Integrated Development.
The equipment will handle all production from the West Hub area and route it to the Agogo FPSO (Floating Production, Storage, and Offloading vessel). According to TechnipFMC, a “significant” contract is valued between $75 million and $250 million, and this award will be recorded in inbound orders in the third quarter of 2026.
TechnipFMC (NYSE: FTI) reported second-quarter 2026 revenue of $2.76 billion, up 10.8% sequentially and 9.0% year over year. Net income rose to $362.7 million (diluted EPS $0.90), with adjusted net income of $367.1 million (adjusted EPS $0.91). Adjusted EBITDA was $581.9 million, a 21.1% margin, or $601.2 million excluding a $19.3 million foreign exchange loss.
Total inbound orders were $2.73 billion, including $2.51 billion in Subsea, and period-end backlog was $16.44 billion. Free cash flow reached $487.9 million, of which $439.9 million was returned to shareholders via buybacks and dividends. Subsea revenue grew 12.6% sequentially with a 23.2% adjusted EBITDA margin. Surface Technologies revenue declined but improved margins. Full-year 2026 guidance for revenue, margins, free cash flow and other metrics was reaffirmed.
TechnipFMC (NYSE: FTI) announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share. The dividend is payable on September 2, 2026 to shareholders of record at the close of business on August 18, 2026, which is also the ex-dividend date.
TechnipFMC (NYSE: FTI) received multiple subsea contracts from Equinor for tie-back developments offshore Norway, covering Omega Sør, Brime, Tyrihans Nord and rigid pipe installation on TWIN.
The total contract value is $250–$500 million, booked as inbound orders in Q2 2026.
TechnipFMC (NYSE: FTI) received a significant(1) subsea contract from Eni for Baleine Phase 3 offshore Côte d’Ivoire. The company will design and manufacture flexible flowlines and risers in about 1,200 meters water depth, linking wells to a new floating production unit.
The award, valued between $75 million and $250 million, was included in TechnipFMC’s Q2 2026 inbound orders. Management highlights expanded collaboration with Eni and schedule-focused execution, while cautioning that forward-looking statements involve risks and uncertainties.