Plexus Holdings PLC: Interim Results for the 6 Months to 31 December 2019
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its interim results for the six months to 31 December 2019. Financial Results Following the sale of the wellhead Jack-up exploration application business (the “Jack-up Business”) to …
Plexus Holdings Preliminary Results – Resetting and Rebuilding Following TechnipFMC Sale
Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® method of wellhead engineering, announces its preliminary results for the year ending 30 June 2019. Financial and Corporate Overview Following the completion on 1 February 2018 of the sale of Plexus’ wellhead …
TechnipFMC: Formed After Technip and FMC Combine to Create New Global Leader
Technip and FMC Technologies, Inc. today announce that the companies will combine to create a global leader that will drive change by redefining the production and transformation of oil and gas. The combined company, which will be called TechnipFMC, would have an equity value of $13 billion based on pre-announcement …
LNG Congress Russia 2016: 16th to 18th of March
On 16-18 March, 2016 Moscow will host the 3-rd Annual LNG Congress Russia 2016. Within the framework of the Congress project operators will share key information on the implementation and construction stages of large, medium and small plants producing liquefied natural gas (LNG). Exhibition will also take part during the …
FMC Technologies: Awarded 287m USD Shah Deniz Contract
FMC Technologies, Inc.announced today that it has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297 million in revenue and is in …
Forsys Subsea: Technip and FMC Technologies JV Receives Regulatory Approvals
FMC Technologies, Inc. and Technip today announced that Forsys Subsea, a 50/50 joint venture, has received all regulatory approvals. The parties closed the transaction making Forsys Subsea operational on June 1, 2015. Forsys Subsea is a joint venture formed as part of a broader alliance between FMC Technologies and Technip …
Forsys Subsea: Launched by FMC Technologies and Technip
FMC Technologies Inc. and Technip today signed an agreement to form an exclusive alliance and to launch Forsys Subsea, a 50/50 joint venture that will unite the skills and capabilities of two subsea industry leaders. This alliance will redefine the way subsea fields are designed, delivered and maintained. Bringing the …
FMC Technologies Awarded $322 Million Contract for Subsea Systems for BP’s Shah Deniz Stage 2 Project
FMC Technologies, Inc. announced today that it has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls and …
ITF Secures 3 New Members
ITF, the global technology facilitator, has signed three new members to its international group of oil and gas operators and service companies, who will work together to drive forward innovation and collaboration in the industry. CNR International (CNR), the International division of Canadian Natural Resources Limited (Canadian Natural), one of …
FMC Technologies and Sulzer Pumps Ltd Complete Qualification Testing of New Subsea Pump for Multiphase Boosting
With a focus on pioneering the next generation of technologies to increase production and maximize oil and gas recovery, FMC Technologies, Inc. (NYSE: FTI) and Sulzer Pumps Ltd are collaborating in subsea applications. Together, the two companies have developed a powerful new multiphase pump system optimized for harsh subsea environments. …