LONDON & PARIS & HOUSTON–(BUSINESS WIRE)– Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) announced today that Arnaud Pieton has been named President and CEO-elect, Technip Energies, effective immediately. The Company has also announced the appointment of Jonathan Landes to the role of President, Subsea. Mr. Pieton has been with the Company since 2004 and […]

LONDON & PARIS & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a large(1) contract by Exxon Mobil Corporation (NYSE:XOM) subsidiary Esso Exploration and Production Guyana Limited (“EEPGL”) for the subsea system for the proposed Payara project. TechnipFMC will manufacture and deliver the subsea production system, including 41 enhanced vertical deep water trees and associated […]

LONDON & PARIS & HOUSTON–(BUSINESS WIRE)– Regulatory News: TechnipFMC (NYSE: FTI) (PARIS: FTI) (ISIN:GB00BDSFG982) announces today that Margareth Øvrum, Executive Vice President of Equinor ASA, Development and Production Brazil,has been appointed to its Board of Directors, effective October 1, 2020. Doug Pferdehirt, Chairman and CEO of TechnipFMC, stated “I am delighted to welcome Margareth to […]

Schaan (FL) / Kleppe (NO), March 30, 2020 – In 2017, the Liechtenstein-based Hilti Group acquired the Norwegian Oglaend System Group, a leading manufacturer of cable management solutions and multidiscipline support systems for the oil and gas, renewables and global maritime industries.

Monday 14 September the Oslo City Court in Norway ruled that the DNV GL employee charged with espionage should be released. PST responded with an appeal, and the appeal has now been heard in an appeal court and the ruling is that the suspect will remain in custody. Before the Oslo City Cort ruling was made 14 September, PST amended the charges to also include corruption and aggravated corruption.

Elkem achieved high capacity utilisation and good sales volumes in the second quarter of 2020 despite very challenging market conditions. The strong operational performance reflects Elkem’s good market and cost positions. Covid-19 continues to impact global markets, but the market development in China shows signs of recovery.

The economic and behavioural ramifications of COVID-19 will significantly reduce global long-term energy demand, according to new research by DNV GL’s Energy Transition Outlook. COVID-19 has also hastened the decline in carbon dioxide emissions – with 2019 set to be the year of peak CO2 emissions – yet the overall impact on our carbon budget is minimal.