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Stock impact report

TechnipFMC Receives Notice to Proceed for Northern Endurance Partnership's Carbon Capture and Storage Project [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
contract for the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies. This notice follows NEP's announcement of financial close and entry into the execution phase of the carbon dioxide (CO ) transportation and storage infrastructure in the United Kingdom's East Coast Cluster. The contract covers the supply and installation of an all-electric subsea system, including trees, manifolds, umbilicals, and infield flowlines, which will be delivered using TechnipFMC's integrated Engineering, Procurement, Construction, and Installation (iEPCI™) execution model. The Company's all-electric technology enables the extended distances required for the project. Luana Duffé, Executive Vice President, New Energy at TechnipFMC, commented: "We are excited to see this development move forward, as it is a significant milestone for the United Kingdom and our Company. TechnipFMC will leverage its industry-leading subsea Show less Read more
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