Search results for: technipfmc

678 results

A list of search results

  • 27 August 2019

    LNG engineer TechnipFMC has decided to separate into two publicly traded companies via a spinoff.

  • 6 February 2019
    Research & Development

    TechnipFMC and ENHL (National Hydrocarbon Company – Mozambique’s National Oil Company Logistic subsidiary) inaugurated the new offices in Maputo, the capital city of Mozambique. The new headquarter was set up further to the creation of a joint-venture between TechnipFMC and ENHL. The ENHL-TechnipFMC Mozambique company aimed at building the first engineering company in the Mozambican oil and […]

  • 23 March 2018
    Business & Finance, Equipment, Research & Development

    TechnipFMC has agreed the terms of a collaboration agreement with Magma Global to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications. HFP is expected to provide increased strength and fatigue performance, while also achieving weight and cost reductions, for subsea fluid transport applications. As part of the collaboration, TechnipFMC […]

  • 7 June 2017
    Operations & Maintenance, Project & Tenders

    TechnipFMC has entered into a three-year frame agreement with Woodside Energy in Australia for riserless light well intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services. Under the agreement, TechnipFMC will initially perform installation and RLWI services in the Greater Western Flank Phase 2 (GWF-2) development, located approximately 175 km northwest of Dampier, Western Australia. TechnipFMC will install […]

  • 27 August 2019
    Business & Finance, Equipment, Operations & Maintenance

    TechnipFMC has said it plans to separate into two independent, publicly traded companies – RemainCo and SpinCo. The transaction is expected to be structured as a spin-off of TechnipFMC’s Onshore/Offshore segment to be headquartered in Paris, France. The separation is expected to be completed in the first half of 2020, subject to customary conditions, consultations […]

  • 18 October 2019
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    TechnipFMC has been awarded engineering, procurement, construction and installation (EPCI) contract by Woodside for the development of the Pyxis and Xena fields, located offshore North West Australia. TechnipFMC will design, manufacture, deliver and install subsea equipment including subsea production system, flexible flowlines and umbilicals. This contract is the first call-off under the recently executed five-year […]

  • 26 July 2017
    Business & Finance, Operations & Maintenance

    TechnipFMC has informed that is financial statements for the three months ended March 31, 2017 should no longer be relied upon because of material errors in such financial statements.  The quarterly adjustment was released just two days before TechnipFMC should report figures for the second quarter 2017. The company’s shares price, which are listed on […]

  • 17 January 2017
    Business & Finance, Operations & Maintenance

    TechnipFMC has started operating as a unified, combined company following completion of the merger of FMC Technologies and Technip. TechnipFMC today unveiled its new brand identity and logo, which represent the joining together and integration of two established entities. “This is a transformational day for TechnipFMC and our employees,” said: Thierry Pilenko, executive chairman of TechnipFMC. “As […]

  • 7 June 2017
    Business & Finance, Equipment

    TechnipFMC has entered into a three-year frame agreement with Woodside Energy in Australia for riserless light well intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services. Under the agreement, TechnipFMC will initially perform installation and RLWI services in the Greater Western Flank Phase 2 (GWF-2) development, located approximately 175 km northwest […]

  • 23 March 2018
    Equipment

    Oilfield services provider TechnipFMC  will cooperate with Magma Global Ltd. to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications. According to a statement on Friday, HFP is expected to provide increased strength and fatigue performance, while also achieving “dramatic” weight and cost reductions, for subsea fluid transport applications. As […]

  • 2 February 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    TechnipFMC has signed an agreement with Island Offshore to acquire 51% stake in Island Offshore Subsea. Island Offshore Subsea provides riserless light well intervention (RLWI) project management and engineering services for plug & abandonment (P&A), riserless coiled tubing and well completion operations. In connection with the acquisition of the controlling interest, TechnipFMC and Island Offshore will enter […]

  • 27 March 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    TechnipFMC has been awarded a contract by Shell for the delivery, integration, and installation of the subsea production system (SPS) and subsea riser, jumper and flowline (SURF) equipment for phase one of the Kaikias deep water project in the Gulf of Mexico. “TechnipFMC has a proven track record of competitively designing subsea production systems and technologies […]

  • 10 January 2019
    Business & Finance

    TechnipFMC has informed that its executive chairman Thierry Pilenko has decided to retire from the company’s board.

  • 2 February 2018
    Business & Finance

    TechnipFMC has signed an agreement with the Island Offshore group to acquire a 51% stake in Island Offshore’s subsidiary, Island Offshore Subsea.

  • 16 March 2020
    Business & Finance

    TechnipFMC said on Sunday it will put off its planned separation into TechnipFMC and Technip Energies as market conditions have changed materially due to the COVID-19 pandemic. The company said it believes that the sharp decline in commodity prices, and the heightened volatility in global equity markets, have created a market environment that is not […]

  • 14 February 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    ECA Group has demonstrated the capability of performing a subsea inspection using its USV (unmanned surface vehicle) Inspector deploying a H300V type ROV (remotely operated vehicle) within a research and development program led by Total and TechnipFMC. During offshore operations ROVs are deployed from manned vessels dedicated to inspection, maintenance and repair (IMR) operations. Total […]

  • 12 December 2017
    Equipment

    Oilfield services provider TechnipFMC on Monday officially opened its fully capable Surface International facility in ICAD II, Abu Dhabi.  TechnipFMC’s Surface Technologies segment supplies surface wellhead and tree systems, chokes and pressure control equipment, separation systems and production packages to the drilling, completion, and production segments, both onshore and offshore. Surface International is a business unit within […]

  • 21 December 2017
    Project & Tenders

    TechnipFMC has secured an Engineering, Procurement & Construction (EPC) contract from Statoil for the Snorre Expansion Project. The contract follows from Statoil’s announcement about submitting the plan for development and operation of the Snorre Expansion Project to Norwegian authorities. In addition Statoil said it awarded NOK 9 billion worth of contract for the development, including the contract awarded […]

  • 15 May 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    TechnipFMC has recently launched Subsea 2.0, a product platform that according to the company makes subsea projects simpler, leaner and smarter. When combined with the company’s iEPCI integrated approach to field architecture and project execution, Subsea 2.0 improves project economics and unlocks first oil and gas faster. TechnipFMC introduced iEPCI to transform subsea projects throughout […]

  • 23 November 2018
    Business & Finance, Equipment, Operations & Maintenance

    TechnipFMC has broken ground on its new manufacturing, aftermarket and training facility in Dhahran in the eastern region of Saudi Arabia. The 52,500-square-meter facility greatly expands TechnipFMC’s footprint in Saudi Arabia with a major investment and 140 new jobs focusing on Saudi talents. The new facility will offer a range of manufacturing, aftermarket and training […]

  • 10 January 2019
    Business & Finance

    TechnipFMC’s executive chairman Thierry Pilenko has decided to retire from the TechnipFMC board of directors, effective May 01, 2019. TechnipFMC’s board of directors informed that Doug Pferdehirt, TechnipFMC CEO, will assume the role of chairman of the board, effective May 01, 2019. In addition, Pascal Colombani, current director, will be appointed to the role of lead independent director. […]

  • 16 March 2020
    Business & Finance

    TechnipFMC has been forced to put off its planned separation into two independent entities amid challenging market conditions which have emerged recently.