TechnipFMC

The proposed Russian LNG project would sell LNG to Asia by 2025. It is the latest in a handful of LNG projects slated for Russia.

The A-frame is DNV certified. TechnipFMC’s ROVs will deploy in GoM later this year.

In partnership with TechnipFMC, DNV GL opened a pilot project for the international collaboration of operators and the supply chain. Many digital twins represent an asset’s initial form and struggle to reflect developments in their physical counterparts as the asset matures.

This contract is for the development of the Lambert Deep and Phase 3 offshore Northwest Australia.

TechnipFMC will utilize its service base and umbilical factory in Angola for the EPCI contract.

The company plans to split when the markets recover.

The Eni-operated project will be the first FLNG vessel deployed in a deepwater field offshore the African continent upon its projected 2022 startup. Samsung Heavy Industries completed the operation at its shipyard in Geoje, South Korea.

Technip Energies will work on a backlog comprising more than 50% in LNG-related business. Retaining the TechnipFMC name, RemainCo will generate nearly 90% of its revenue outside the US and Canada.

Service firms are diversifying their portfolios, in part driven by large-scale budget cuts among operators since the industrywide downturn.

Subsea advancements in the works include longer tiebacks, an underwater drone that lives on the seafloor, and a robotic manifold capable of actuating dozens of valves. Do these new capabilities, born of necessity, signal a sea change in industrywide technology development?