TechnipFMC Bets Big on Offshore Oil & Gas, Expects Billions in Orders
TechnipFMC Bets Big on Offshore Oil & Gas, Expects Billions in Orders
Attachment: TechnipFMC-1121
SUGAR LAND--November 18, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--TechnipFMC plc (NYSE:FTI) (Houston, Texas) anticipates global investment in deepwater oil and gas services will grow substantially through 2025, with total investment in the second half of the decade to exceed that of the first half. The company believes an oil and gas upcycle will drive orders for its subsea businesses as high as $8 billion through 2025. Industrial Info is tracking more than $84.5 billion worth of projects worldwide involving TechnipFMC and its recent spinoff Technip Energies, including more than $12 billion worth of offshore projects, which are handled by the company still known as TechnipFMC.
Within this article: Details on some of TechnipFMC's highest-valued offshore projects worldwide, including those for major companies such as Royal Dutch Shell plc (NYSE:RDS.A), Beacon Offshore Energy LLC and Exxon Mobil Corporation (NYSE:XOM).
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- ExxonMobil inicia producción en el yacimiento petrolero de Payara en Guyana
- ExxonMobil Starts Production at Payara Oil Field in Guyana
- Technip Reaps Gains from North American Offshore, LNG Projects
- New Oil & Gas Offshore Development to be Driven by FPSOs
- Technip Energies Seeks Top Role in Green, Blue Hydrogen Market