TechnipFMC wins subsea contracts with Equinor and Eni offshore Norway and Côte d'Ivoire

Corporate Action
โดย Simply Wall St·Read original
Summary · why it matters

TechnipFMC has secured new subsea development contracts with Equinor offshore Norway and with Eni for projects offshore Côte d'Ivoire. The Equinor portfolio in Norway is valued between US$250 million and US$500 million and spans several brownfield tie-back projects. The Eni Baleine Phase 3 contract is valued between US$75 million and US$250 million and involves flexible flowlines and risers connecting wells in roughly 1,200 meters of water to a new floating production unit. These awards add to TechnipFMC's second quarter 2026 inbound orders and extend its relationships with two major integrated energy companies.

Impact on stocks 4

Energy▲ · 3 stocks
TechnipFMC PLC
FTI
▲ PositiveDemandrelevance

Won subsea contracts with Equinor and Eni, adding to inbound orders.

Eni S.p.A.
ENI
± MixedDemandrelevance

Eni awarded a contract to TechnipFMC, but no direct impact on Eni's own operations.

Equinor ASA ADR
EQNR
± MixedDemandrelevance

Equinor awarded contracts to TechnipFMC, but no direct impact on Equinor's own operations.

Artificial Intelligence▲ · 1 stocks
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