22.52 +0.06 (0.27%)
Pre-Market: 7:07AM EDT
|Bid||22.70 x 800|
|Ask||22.59 x 3100|
|Day's Range||22.46 - 23.01|
|52 Week Range||18.20 - 34.17|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.52 (2.21%)|
|1y Target Est||N/A|
TechnipFMC (FTI) (FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by BP for the Thunder Horse South Expansion 2 Project located in the Gulf of Mexico. TechnipFMC will manufacture, deliver and install subsea equipment, including subsea tree systems, manifolds, flowline, umbilicals and subsea tree jumpers, pipeline end terminations, subsea distribution and topside control equipment. This is the second iEPCI™ awarded to TechnipFMC by BP following Atlantis Phase 3 in the first quarter of 2019.
LONDON & PARIS & HOUSTON-- -- Total Company inbound orders of $6.2 billion; book-to-bill of 2.1 Net income of $20.9 million and adjusted EBITDA of $295.8 million Updated 2019 financial guidance reflects strong orders and execution in Onshore/Offshore and lower North American activity in Surface Technologies Regulatory News: TechnipFMC plc today reported first quarter 2019 results. Total Company revenue ...
W. R. Grace & Co. (GRA) announced today that it has signed an agreement with TechnipFMC PLC (FTI) to jointly develop improved catalyst and process technology related to TechnipFMC Deep Catalytic Cracking (TDCC). TDCC is a high-severity fluid catalytic cracking process licensed by TechnipFMC and designed to produce very high yields of propylene and other petrochemical feedstocks. The collaboration will leverage Grace’s knowledge as the leading supplier of FCC catalysts and light-olefins additives as well as TechnipFMC’s significant experience in Deep Catalytic Cracking including process and mechanical know-how.
TechnipFMC (FTI.PA) (FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters. This contract covers the delivery and installation of a subsea production system including installation of umbilical, rigid flowlines and associated subsea equipment. Arnaud Pieton, President Subsea at TechnipFMC, commented: “This is the first iEPCI™ award by ConocoPhillips.
HENDERSON, NV / ACCESSWIRE / April 9, 2019 / It was a week where the U.S. crude benchmark reached its highest point in five months, owing largely to production cuts from the OPEC-led group of exporters ...
TechnipFMC (FTI) (FTI) has been awarded a significant(1) contract for Lapa field by Total E&P do Brasil Ltda. The Lapa field is located in the pre-salt Santos Basin, under the BM-S-9A concession, at 2,150 meters of water depth offshore Brazil. The field will be connected to the FPSO(2) Cidade de Caraguatatuba, already in operation.
TechnipFMC (FTI.PA) (FTI) has been awarded a substantial(1) integrated Engineering, Procurement, Construction and Installation (iEPCITM) contract from Neptune Energy for the Duva and Gjøa P1 projects, located in the Norwegian sector of the North Sea at a water depth of 375 meters. The contract covers the delivery and installation of subsea equipment including umbilicals, rigid flowlines and subsea production system. Arnaud Piéton, President Subsea at TechnipFMC, commented: “These new iEPCITM awards by Neptune Energy are the first call offs from our recently signed Subsea Alliance Agreement which is based on early engagement and more collaboration and transparency between Operator and Contractor.
TechnipFMC has been awarded a large integrated Engineering, Procurement, Construction, Transportation and Installation contract by Eni for the Merakes project, located offshore Balikpapan Indonesia, at a water depth of approximately 1,500 meters.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) announced today a donation of $100,000 to assist disaster relief and recovery efforts following Cyclone Idai, which made landfall in Mozambique on March 14. The funds will be contributed to the Red Cross for ongoing rescue efforts and for shelter and basic commodities for the victims. TechnipFMC employees in Mozambique have all been reported safe.
TechnipFMC (FTI.PA) (FTI) (ISIN:GB00BDSFG982) has been awarded a significant(1) Subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian sector of the North Sea at a water depth of 120 meters. The contract covers the delivery and installation of the subsea production system including integrated template structures, manifolds, tie-in and controls equipment. Arnaud Piéton, President Subsea at TechnipFMC, commented: “We have collaborated closely with Equinor establishing a Strategic Collaboration Agreement in 2018.
TechnipFMC (FTI) (FTI) has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract by Middle East Oil Refinery (MIDOR) for the modernization and expansion of their existing complex near Alexandria, Egypt. As previously stated, this major(1) EPC contract covers the debottlenecking of existing units, the delivery of new units including a Crude and Vacuum Distillation Unit, a hydrogen production facility based on our steam reforming technology, as well as various process units, interconnecting, offsites and utilities. (1) For TechnipFMC, a “major” contract is over $1 billion.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) has been awarded by BP a large(1) contract for the engineering, procurement, construction, installation and commissioning (EPCIC) of the floating production storage and offloading (FPSO) unit to be deployed offshore on the maritime border of Mauritania and Senegal. This award is a continuation to the FEED (front end engineering design) contract awarded in April 2018. TechnipFMC will bring its expertise to deliver major projects, leveraging extensive experience with fabrication yards and from successful references for delivery of offshore gas monetization facilities such as Floating Liquid Natural Gas (FLNG), FPSO and conventional platforms.
NEW YORK, Feb. 26, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
LONDON & PARIS & HOUSTON-- -- Full-year Company orders of $14.3 billion, up 40 percent year-over-year Strong project execution drives early delivery of Yamal LNG Train 3 Non-cash after-tax asset impairment charges of $1.7 billion Full-year distributions of $681 million from dividends and share repurchase Regulatory News: TechnipFMC plc today reported fourth quarter 2018 results. Total Company revenue ...
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) and DOF Subsea (DOF) announce that the Skandi Olinda, a Brazilian-flagged flexible lay and construction vessel owned by the joint venture formed between TechnipFMC (50%) and DOF (50%), has commenced its 8-year charter contract with Petróleo Brasileiro S.A. (Petrobras). Skandi Olinda has state-of-the-art pipelay and marine technology. Under the TechnipFMC/DOF joint venture agreement, TechnipFMC will manage flexible pipelay, and DOF will be responsible for marine operations.
TechnipFMC (FTI) (FTI) has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), a large(1) engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field, located in the Santos Basin, at 2,100 meters of water depth offshore Brazil. It also includes the installation of rigid pipelines (including corrosion resistant alloy and steel lazy wave risers), flexible risers and flowlines(3), steel tube umbilicals(3) and other required subsea equipment.
TechnipFMC (FTI) (FTI) (ISIN:GB00BDSFG982) has been awarded a large(1) reimbursable contract by ExxonMobil for detailed engineering, procurement, and construction for the recently announced crude expansion project in Beaumont, Texas, USA. The awarded scope covers the addition of four new units – atmospheric pipe still, kerosene hydrotreater, diesel hydrotreater and benzene recovery at ExxonMobil’s Refinery. The new units of this expansion project will be integrated into the existing facilities at the refinery.
TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction and Installation contract from Lundin Norway for the Luno II and Rolvsnes development, located in the North Sea at a water depth of 110 meters.
NEW YORK, Jan. 25, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.