finance.yahoo.com

TechnipFMC Wins New Offshore Flowline Contracts as Backlog Flattens

TechnipFMC logoTechnipFMC
Sig3.45Sen+4.15Env-1.55Soc-0.45Gov+0.20

TechnipFMC said Azule Energy awarded it contracts for flexible flowlines, risers and related equipment for Angola’s West Hub Tails and Greater PAJ developments, with orders booked for third-quarter 2026. Earlier, the company cited large North Sea awards and an Eni expansion contract. Second-quarter revenue rose to $2.76 billion and net income to $362.7 million, while total backlog slipped to $16.44 billion.

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