MARKETS

Technip optimistic on subsea and LNG

TECHNIP FMC’s first quarter results saw net income of US$95.1 million and adjusted EBITDA of $386.6 million, with inbound orders worth $3.5 billion and orders exceeding revenue in all segments and three EPCI projects awarded in the quarter. 

Technip upgrades guidance across sectors

Technip upgrades guidance across sectors

As a result the company has increased both its onshore and offshore guidance for year, across subsea, onshore/ offshore and surface technologies.     Total revenue of $3.12 billion was a 7.8% drop...

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