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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.
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TechnipFMC (NYSE: FTI) has secured a substantial contract from ExxonMobil Guyana for the Hammerhead development in the Stabroek Block. The contract, valued between $250 million and $500 million, involves providing subsea production systems including project management, engineering, and manufacturing capabilities.
The scope includes delivery of Subsea 2.0® platform products such as subsea trees, manifolds, and associated controls, supporting both production and water injection capabilities. This marks TechnipFMC's seventh greenfield project award from ExxonMobil Guyana since 2017, highlighting the company's strong execution track record and proven delivery capabilities.
TechnipFMC (NYSE: FTI) has secured a significant contract from Petrobras for subsea production systems following a competitive tender. The contract value ranges between $75 million and $250 million.
The scope includes design, engineering, and manufacturing of subsea production systems for various developments across Petrobras' portfolio, encompassing greenfield projects, brownfield expansions, and asset revitalizations. The agreement also includes installation support and life-of-field services, with provisions for additional equipment and services.
All manufacturing and servicing will be conducted in Brazil, utilizing local capabilities and expertise.
TechnipFMC (NYSE: FTI) has scheduled its third-quarter 2025 earnings conference call for Thursday, October 23, 2025. The call will take place at 1:30 p.m. London time (8:30 a.m. New York time). The company will release its earnings results press release earlier that day at 11:45 a.m. London time (6:45 a.m. New York time).
Investors and interested parties can access the event through a live webcast on TechnipFMC's Investor Relations website. A replay of the webcast will be made available on the website after the event concludes.
TechnipFMC (NYSE: FTI) has secured two major contracts from Petrobras for flexible pipe systems in Brazil. The first is a substantial contract ($250-500 million) for flexible gas injection risers in the Santos Basin, while the second is a significant contract ($75-250 million) for flexible risers and flowlines in the Campos Basin.
The contracts highlight TechnipFMC's technological leadership in subsea solutions, with manufacturing to be conducted at their Açu facility in Brazil. The Santos Basin project will focus on enhancing production efficiency through high-capacity gas reinjection in pre-salt formations, leveraging TechnipFMC's 40-year expertise in delivering advanced solutions in Brazil.
TechnipFMC (NYSE: FTI) announced that its Chair and CEO Doug Pferdehirt will present at the Barclays 39th Annual CEO Energy-Power Conference on September 2, 2025, at 1:15 p.m. ET in New York. The presentation will be available via live webcast on the company's Investor Relations website, though no presentation materials will be used. An audio replay will remain accessible for 180 days following the event.
TechnipFMC (NYSE:FTI) reported strong Q2 2025 results with revenue of $2.53 billion, up 9.0% year-over-year. Net income reached $269.5 million ($0.64 per share), a 44.5% increase from Q2 2024.
The company secured $2.8 billion in total inbound orders, with Subsea accounting for $2.6 billion and a book-to-bill ratio of 1.2x. Total backlog grew to $16.6 billion, with Subsea backlog at $15.8 billion. The quarter saw robust cash generation with $344 million in operating cash flow and $261 million in free cash flow.
TechnipFMC demonstrated strong shareholder returns, distributing $271 million through dividends and share repurchases, including $250 million in buybacks. The company maintains its full-year 2025 guidance, expecting Subsea revenue of $8.4-8.8 billion and Surface Technologies revenue of $1.2-1.35 billion.
TechnipFMC (NYSE: FTI) has announced its Board of Directors has declared a quarterly cash dividend of $0.05 per share. The dividend will be paid on September 3, 2025, to shareholders of record as of the close of business on August 19, 2025 on the New York Stock Exchange. The ex-dividend date is set for August 19, 2025.
TechnipFMC (NYSE: FTI) has secured a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Equinor for the Heidrun extension project in the Norwegian North Sea. The contract, valued between $75 million and $250 million, follows TechnipFMC's integrated Front End Engineering and Design (iFEED™) study.
The project aims to enhance existing infrastructure and extend the production lifecycle of the Heidrun platform. The contract was included in TechnipFMC's inbound orders for Q2 2025. The direct award demonstrates the advantages of early engagement, resulting in an optimized field layout.