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) has announced the appointment of Arnaud Pieton as President and CEO-elect of Technip Energies and Jonathan Landes as President, Subsea, effective immediately. Pieton, with the company since 2004, previously served as President, Subsea, while Landes brings 25 years of energy sector experience. These changes follow the resignation of Catherine MacGregor, who is joining Engie. Chairman Doug Pferdehirt expressed confidence in Pieton’s ability to drive project performance and highlighted Landes’ commitment to client success.
TechnipFMC (NYSE: FTI) announces the appointment of Margareth Øvrum, former Executive Vice President of Equinor ASA, to its Board of Directors effective October 1, 2020. Doug Pferdehirt, Chairman and CEO, emphasized Øvrum's extensive experience in technology, projects, and sustainability, which is expected to enhance the board's expertise. Øvrum brings 38 years of experience from Equinor, contributing leadership across various roles, including President of Equinor Brazil. This strategic addition aims to strengthen TechnipFMC’s capabilities in the energy sector.
TechnipFMC (NYSE:FTI) has secured a large contract from Esso Exploration and Production Guyana Limited, a subsidiary of Exxon Mobil Corporation, for the subsea system for the Payara project. This includes the production of 41 enhanced vertical deep water trees, six flexible risers, and ten manifolds along with associated equipment. The contract is valued between $500 million and $1 billion and signifies a continued partnership with ExxonMobil, enhancing TechnipFMC's presence in Guyana while supporting local engineering talent development.
TechnipFMC (NYSE:FTI) will announce its third quarter 2020 earnings after the NYSE close on October 21, 2020. A teleconference to discuss the earnings will be held on October 22, 2020, at 1 p.m. London time (8 a.m. New York time). Participants can join the call using designated numbers from France, the UK, and the US. The webcast will be available on the company’s website. An audio replay will be accessible by 8 p.m. London time on the same day. TechnipFMC excels in the energy industry with projects, products, and technologies to enhance economic efficiency.
TechnipFMC plc (NYSE: FTI) reported that as of September 29, 2020, it has 449,408,233 ordinary shares of USD 1.00 each in circulation, with no shares held in treasury. This total number comprises the voting rights available to shareholders, which can be used for interest notifications as stipulated by the Disclosure Guidance and Transparency Rules. TechnipFMC is a key player in the energy sector, offering innovative technologies and services across its business segments: Subsea, Surface Technologies, and Technip Energies.
TechnipFMC (NYSE:FTI) has secured a significant contract from Shell for the Engineering, Procurement, and Fabrication of proprietary equipment for eight ethylene furnaces at the Moerdijk petrochemical complex in the Netherlands. This upgrade is set to replace 16 older units without reducing capacity, enhancing energy efficiency while cutting greenhouse gas emissions by 10% annually. The project will allow continued operation during the upgrade phase, demonstrating TechnipFMC's leadership in ethylene technology.