Subsea Setback for TechnipFMC

TechnipFMC has reported fourth-quarter 2018 loss of $2.26 billion or $5 per diluted share. The UK-based energy services giant booked total quarterly after-tax charges and credits of $2,22 billion, or $4.91 per diluted share. Major part of these charges included asset impairments (of close to $1.7 billion) for goodwill and other fixed assets. Adjusted net … Continue reading Subsea Setback for TechnipFMC