TechnipFMC plc Company News

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TechnipFMC to Build Pioneering Vietnam Project
Tuesday, August 28, 2018 Although TechnipFMC did not specify the contract amount, it classified the award as 'large.'

Sasol Plans More Hiring for Louisiana Project
Thursday, October 12, 2017 Company hits milestone for $11 billion ethane cracker and derivatives project.

Bapco To Meet Technip-Led Consortium For Talks On Refinery Expansion
Tuesday, August 22, 2017 Bapco will meet a consortium led by Technip for further talks over the planned expansion of Bahrain's only oil refinery.

Fluor Wins Malaysia Isononanol Plant Contract
Monday, August 07, 2017 The chemical building block isononanol is used in plasticizers for automotive and building applications.

Technip, FMC Technologies Complete Merger
Tuesday, January 17, 2017 Technip and FMC Technologies finalize their merger, say new company can challenge conventions in oilfield project delivery.

Technip Secures Services Contract from Socar GPC
Wednesday, January 04, 2017 Technip secures a contract from Socar GPC for the development of the process and engineering design of all process units included in a new gas and petrochemical plant, located in Garadagh, Azerbaijan.

Technip Secures Prelude FLNG Services Contract
Thursday, December 15, 2016 Technip has been awarded an engineering and project management services contract by Shell Australia, in support of the Prelude FLNG project.

FMC, Technip Receive Clearance to Combine from European Commission
Thursday, November 24, 2016 FMC Technologies, Inc. and Technip have announced that the pending combination of the companies has received a clearance decision from the European Commission under Council Regulation (EC) No 139/2004.

Technip Introduces New Vessel
Tuesday, November 15, 2016 Technip has introduced its latest newbuild, the diving support vessel (DSV) Deep Explorer, which was officially named November 12 in Norway.

Poll: US, Foreign Oil Companies to Prosper in Trump's USA
Thursday, November 10, 2016 Both US and foreign oil companies will thrive in Trump's USA, according to a Rigzone poll on social media platform Twitter.

European Industry Says Trump Must Define Energy Policy
Wednesday, November 09, 2016 Europe's oil and gas industry is likely to benefit from Trump in the White House, but calls for a clear energy policy framework from the President Elect.

Technip Raises Full-Year Objectives As 3Q Beats Forecast
Thursday, October 27, 2016 Technip raises its full-year 2016 objectives for its subsea division as its revenue and profit beat 3Q expectations.

Technip Awarded Subsea Contract in Malaysia
Friday, October 14, 2016 Technip has been awarded a subsea contract by PETRONAS Carigali Sdn Bhd, a wholly owned subsidiary of PETRONAS, to support the Samarang Redevelopment Project Phase 2 EOR in Malaysia.

Technip, FMC Team Up for Lancaster Project
Wednesday, October 12, 2016 Hurricane Energy plc selects Technip and FMC Technologies, operating under an alliance, as its exclusive provider of subsea solutions for the Lancaster Early Production System.

DEA Norge Awards Dvalin EPCI Contract to Technip
Tuesday, October 11, 2016 DEA Norge awards an EPCI contract to Technip Norge AS for the smaller structures and pipelines, as well as the subsea installation work, of the Dvalin development in the Norwegian Sea.

Technip Says Awarded ENOC Refinery Expansion Contract
Monday, September 19, 2016 Technip has been awarded an engineering procurement and construction contract by Emirates National Oil Company (ENOC) that plans to expand its Jebel Ali refinery by 50%.

GUJV Completes EPM Services on Australia's Gorgon Project
Thursday, September 08, 2016 The Gorgon Upstream Joint Venture (GUJV) completes 11 years of engineering and project management (EPM) services on Australia's Gorgon Project.

PwC: Oil Price Stability Drives Uptick in M&A Deals
Thursday, July 28, 2016 Higher commodity prices and cautious optimism resulted in a rise in oil and gas merger and acquisition deals in the second quarter of 2016, according to PwC findings.

Technip Wins Large Subsea Deal from Woodside for Greater Enfield Project
Wednesday, July 27, 2016 Technip wins a large subsea contract, worth $275-$550 million, from Woodside for the Greater Enfield Project offshore Western Australia.

Technip to Supply Engineering for Monkey Island LNG Terminal
Thursday, July 21, 2016 Technip to supply FEED services to the new LNG export terminal that is to be located on Monkey Island, Louisiana.

AusGroup Signs Deal with Technip for Work on Shell's Prelude FLNG Project
Thursday, July 14, 2016 AusGroup's unit MAS Australasia signs agreement with Technip to provide scaffolding and rope access services on Shell's Prelude floating liquefied natural gas project off Western Australia.

Modi's $27B Oil Quest Gives Services Firms A Lifeline
Tuesday, June 28, 2016 India is offering global oilfield service providers starved of new contracts a $27 billion lifeline as the government's ambition to cut fuel imports drives fresh investment.

POSH Wins Contract from Technip for Prelude FLNG Project in Browse Basin
Monday, June 27, 2016 Singapore's PACC Offshore Services Holdings (POSH) wins a contract from Technip Oceania to support Shell's Prelude floating liquefied natural gas facility in the Browse Basin, off Western Australia.

Technip Says London Still Natural HQ Of TechnipFMC Despite Brexit Vote
Friday, June 24, 2016 French oil services company Technip says there is no reason for Britain's exit from the EU to impact its merger with FMC Technologies, including plans for London to be the legal HQ of the new group.

Technip Says London Still Natural HQ of TechnipFMC Despite Brexit Vote
Friday, June 24, 2016 French oil services company Technip says there was no reason for Britain's exit from the European Union to impact its merger with FMC Technologies, including plans for London to be the legal headquarters of the new group.

Shell Sees Malikai Project in Malaysia as Boosting Deepwater Ambitions
Tuesday, June 14, 2016 Shell-operated Malikai deepwater project offshore Malaysia supports the company's aims of staying at the forefront of the global deepwater industry.

Norway Strike Threat Increases as Parties Fail to Find Agreement
Wednesday, June 08, 2016 The threat of strike action among 6,000 oil service worker employees in Norway increases as unions and energy company representatives fail to settle wage disputes.

Technip Signs $500M Deal To Refurbish Libya's Bahr Essalam Oil Platform
Tuesday, May 31, 2016 Technip signs a deal worth $500 million with a consortium that includes Libya's National Oil Company and Italy's ENI to refurbish an offshore oil platform.

Technip Secures Statoil Umbilical Contract
Wednesday, May 25, 2016 Technip Umbilicals Ltd secures a contract by Statoil ASA to supply the umbilical to the Oseberg Vestflanken 2 field offshore Norway.

FMC Technologies to Merge With $6.2 Billion Technip to Cut Costs
Thursday, May 19, 2016 FMC Technologies agrees to merge with French peer Technip in an all-stock deal, creating a $13 billion oil-services company with more clout after crude’s collapse.

Technip Secures Engineering Services Contract with Woodside Petroleum
Wednesday, May 11, 2016 Technip secures an engineering services contract by Woodside Petroleum to support all of the Australian energy firm's operated onshore, offshore and subsea producing assets.

Technip Q1 Better-Than-Expected Thanks To Record Vessel Use
Thursday, April 28, 2016 Technip reports a smaller-than-expected drop in quarterly revenue, as a strong backlog of projects meant its vessel use rate was at a record high despite the slump in the oil and gas sector.

DONG Energy Terminates Hejre Project EPC Contract
Tuesday, March 29, 2016 DONG Energy terminates the EPC contract for the Hejre project with immediate effect, after the company claimed the supplier consortium failed to meet its contractual commitments.

Technip-Sonangol JV Bags Contract from Total for Angola's Offshore Block 17
Thursday, March 10, 2016 Technip-Sonangol JV bags engineering services contract from Total for the Block 17 offshore Angola.

Technip Wins 3-Year Contract with Total in Angola
Thursday, March 10, 2016 France's Technip wins an engineering services contract to supply Total's FPSOs in Block 17, offshore Angola.

PETRONAS Names PFLNG SATU in Ceremony at DSME's Okpo Yard in South Korea
Monday, March 07, 2016 PETRONAS names its first floating liquefied natural gas facility PFLNG SATU at Daewoo Shipbuilding & Marine Engineering Co.'s yard in South Korea.

Technip Shares Leap as Market Applauds Resilience amid Oil Rout
Thursday, February 25, 2016 Technip says it has a healthy backlog of projects with strong cash flow helping it to resist the worst of the oil price rout.

Aker Posts Lower Profits, Cuts Workforce Salary
Friday, February 12, 2016 Aker Solutions becomes the latest oil and gas services company to announce a fresh round of cuts amid the lower oil price.

Neptune Bags Kitan Disconnection Project Contract from Technip
Thursday, February 11, 2016 Neptune Marine Services bags a contract from Technip for the Kitan disconnection project in the Australia-Timor Leste Joint Petroleum Development Area.

Technip Secures Statoil Services Contracts
Thursday, February 11, 2016 Technip secures fabrication and installation contracts by Statoil for the Johan Sverdrup and Oseberg Vestflanken developments.

European Services Companies Secure Offshore Engineering Contracts
Tuesday, February 09, 2016 France's Technip and Scotland-headquartered Wood Group PSN secure offshore engineering contracts in the Gulf of Mexico and North Sea, respectively.

Oil, Gas Service Companies Win Several North Sea Contracts
Wednesday, February 03, 2016 Aker Solutions, Subsea 7, Technip Norway, Ocean Installer, Hereema Fabrication Group and Aibel secure work in the North Sea.

Technip Lifts 2015 Revenue Forecasts, Issues Bonds
Wednesday, January 20, 2016 French oilfield services firm Technip says its 2015 revenue at its subsea and onshore/offshore businesses will beat the forecasts it gave when it published its 3Q results in October.

Kommersant: Saipem, Technip Among Bidders for $4B Nord Stream Tender
Wednesday, January 13, 2016 Italy's Saipem and France's Technip are among the companies vying for a $4 billion contract to expand the Nord Stream gas pipeline, Russian business daily Kommersant reports citing sources.

Technip Says It's Not in Talks on Any Strategic Transactions
Thursday, December 10, 2015 Technip, Europe's largest oilfield-services provider, says it's not in talks for any strategic transactions.

Technip, FMC Technologies Said to Be in Advanced Merger Talks
Wednesday, December 09, 2015 Technip is in talks to merge with US peer FMC Technologies, people familiar with the matter said.

Australia's Civmec Secures Contract from Technip for Prelude FLNG Project
Thursday, November 12, 2015 Australia's Civmec clinches a contract from Technip Oceania to fabricate subsea jumper spools and associated lifting equipment for Shell's Prelude floating liquefied natural gas project.

Technip Wins Libra Field Pipe Contract
Tuesday, October 27, 2015 French oilfield services firm Technip wins 'a substantial contract' to supply flexible pipes to the Libra giant field development offshore Brazil.

Technip Bags Subsea Contract for Layang Field Off Sarawak from JX Nippon
Thursday, October 22, 2015 Technip bags a subsea contract for the Layang field offshore Sarawak, Malaysia from JX Nippon.

SBM Offshore Secures Browse FLNG Turret FEED Contract from Technip
Monday, October 19, 2015 SBM Offshore secures a front-end engineering and design contract for three large-scale turret mooring systems for the proposed Browse floating natural gas project offshore Western Australia from Technip.