Societe Generale Downgrades TechnipFMC (FTI) to Hold

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TechnipFMC (FTI) Announces Investment and Collaboration with Orbital Marine Power

November 17, 2021 4:15 PM EST

TechnipFMC (NYSE: FTI) signed a Memorandum of Understanding with Orbital Marine Power (Orbital), a pioneer of tidal energy technology, to jointly collaborate in tidal energy to accelerate the global commercialization of Orbitals technology and deliver the first commercial scale floating tidal field.

Orbitals unique floating turbine, the most powerful in the world to date, can harness underwater... More

TechnipFMC (FTI) Awarded Exxon (XOM) Contract for Additional Stabroek Block Project

November 15, 2021 4:16 PM EST

TechnipFMC (NYSE: FTI) has been awarded a large(1) contract by Exxon Mobil Corporation (NYSE: XOM) affiliate, Esso Exploration and Production Guyana Limited, to supply the subsea production system for the Yellowtail development.

Subject to government approvals and final project sanction, TechnipFMC... More