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Stock impact report

TechnipFMC Gets Green Light for CO2 Capture & Storage Project in UK [Yahoo! Finance]

TechnipFMC plc Ordinary Share (FTI) 
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.technipfmc.com
Company Research Source: Yahoo! Finance
provide an all-electric subsea system for the Northern Endurance Partnership's (“NEP”) transformative carbon dioxide (CO2) transportation and storage project. This significant development marks a major milestone in the energy transition, particularly within the United Kingdom's East Coast Cluster and supports FTI's leadership in subsea technologies and carbon capture solutions. The contract, worth between $500 million and $1 billion, includes the design, supply and installation of an all-electric subsea system that will be essential for transporting and storing CO2 for NEP. This innovative solution will utilize FTI's proprietary integrated Engineering, Procurement, Construction and Installation (iEPCI) execution model, designed to optimize project efficiency and ensure seamless integration of cutting-edge technologies. This award was recorded as part of inbound orders for the third quarter of 2024. The scope of the contract includes the installation of subsea trees, manifolds, umb Show less Read more
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