The Latest Breaking News from TechnipFMC

Companies featuring in this week's round-up include Port of Blyth, Wack Wholesale, Brownlee Cale and TechnipFMC

The group's Newcastle and Houston firms have won an engineering, procurement, construction and installation contract with Shell

TechnipFMC (NYSE: FTI) was recently awarded a new contract by Neptune Energy to provide technical services for its Norwegian operations. The technical service agreement, which builds on an already existing contract between the two firms, has now been optimized to cater to Neptune's future needs.

Firms featuring in this week's round-up include Venture Stream, EV Metals Group, Kromek, Annimersion and Scott Logic

The deal for TechnipFMC is worth in excess of £100m

North of Tyne Combined Authority’s TIGGOR programme has given grants to TechnipFMC, FES International, Kinewell Energy, and Enshore Subsea

Oil prices are expected to remain above the $100 mark in the coming months amid the tight supply outlook. The rising prices over the past months have helped energy stocks, Energy Transfer (ET), Crescent Point (CPG), TechnipFMC (FTI), and Tellurian (TELL) to gain significantly. Wall Street analysts see further upside…

The CEO of the subsea cable specialist said he expected orders to continue growing into 2025

Although soaring oil and gas prices are expected to drive the demand for the oil and gas equipment and services industry, several supply-related challenges could mar the industry’s growth. TechnipFMC (FTI) looks overvalued now, given its weak financials. However, we think investors could instead bet on quality stocks in this…