FTI is benefiting from strong energy sector exploration and production activity driving demand for its support equipment and technologies. Read more here.
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TechnipFMC (NYSE: FTI) will issue its third quarter 2022 earnings release after the close of the New York Stock Exchange on Wednesday, October 26, 2022. The Company will also host its third quarte…
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will issue its third quarter 2022 earnings release after the close of the New York Stock Exchange on Wednesday, October 26, 2022. The Company will also host its third quarter 2022 earnings conference call on Thursday, October 27, 2022, at 1 p.m. London time (8 a.m. New York time). The event will be webcast live and can be accessed through the TechnipFMC website (investors.technipfmc.com) or at https://edge.media-server.com/mmc/p/zcgbn
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TechnipFMC plc (NYSE:FTI) price is hovering higher on Monday, September 26, jumping 5.46% above its previous close. A look at today’s price movement shows that the recent level at last check reads $8.06, with intraday deals fluctuating between $8.025 and $8.50. The company’s 5Y monthly beta was ticking 1.89. Taking into account the 52-week price … TechnipFMC plc (NYSE: FTI) Is The Number One Stock Currently Moving. Read More »
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New York, US, Sept. 27, 2022 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), Pipe Laying Vessels Market Research Report Information by Installation, Depth, Regions, and Positioning System - Forecast till 2030, the market is anticipated to acquire a valuation of approximately USD 4,752.4 million by the end of 2030. The reports further predict the market to flourish at a robust CAGR of over 9.2% during the assessment timeframe. Pipe Laying Vessels Market Overview: The pipe laying vessels market is described as the marketplace consisting of maritime vessels that are brilliantly built for the development and construction of subsea infrastructure. Pipe laying vessels acquire the target by carrying a lift crane, equipment to install valves, pipe & pumps, and more. A Pipe laying vessel refers to a marine vessel utilized in the foundation of undersea infrastructure. It offers to link oil key players'' proposals with refineries onshore. The global market for pipe laying vessels has exhibited massive expansion in the last few years.
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Pune, India, Sept. 26, 2022 (GLOBE NEWSWIRE) -- The global oilfield services market size is expected to gain momentum by reaching USD 346.45 billion by 2028 while exhibiting a CAGR of 6.6% between 2020 to 2027. In its report titled "Oilfield Services Market, 2020-2027," Fortune Business Insight mentions that the market stood at USD 267.82 billion in 2019. The surging shale gas extraction from hydraulic fracturing and other stimulation procedures will bolster the growth of the market. Oilfield Services Market to gain colossal advantage; Award won by TechnipFMC for Pipelaying and Subsea Installation in Norwegian continental shelf (NCS) to aid growth. Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf-pop/oilfield-service-market-100174 The Report Lists the Key Companies in the Oilfield Services Market: Schlumberger (Texas, United States) Halliburton (Texas, United States) Baker Hughes (Texas, United States) Weir Oil and Gas (Glasgow, United Kingdom) Emerson (Missouri, United States) National Oilwell Varco (Texas, United States) Weatherford (Texas, United States) AlMansoori Specialized Engineering (Abu Dhabi, UAE) Saudi Aramco (Dhahran, Saudi Arabia) Protiviti (California, United States) Abu Dhabi Oilfield Services (Abu Dhabi, UAE) YAS Oilfield Services (Texas, US) Superior Oilfield Services LLC (Abu Dhabi, UAE) National Arabian Petroleum Services Company (Dammam, Saudi Arabia) Larsen & Toubro (Mumbai, India) Oceaneering (Houston, Texas) China Oilfield Services Ltd. (Beijing, China) Petroleum Dynamics Oil and Gas (East Ahmadi, Kuwait) Petroleum Services Co.
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TechnipFMC snagged its second large contract in recent weeks with an engineering, procurement, construction and installation contract from Shell.
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TechnipFMC (NYSE: FTI) has been awarded a significant(1) engineering, procurement, construction and installation (EPCI) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for the Jackdaw…
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TechnipFMC (FTI) said Thursday it was awarded a "significant" contract by Shell (SHEL) for engineering, procurement, construction and installation services at the Jackdaw development…
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TechnipFMC (NYSE: FTI) has been awarded a significant(1) engineering, procurement, construction and installation (EPCI) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for the Jackdaw development, located in the United Kingdom North Sea. The contract covers pipelay for a 30 kilometer tieback from the new Jackdaw platform to Shell’s Shearwater platform, as well as an associated
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Currently, TechnipFMC plc’s (FTI) stock is trading at $9.33, marking a gain of 1.86% from last night’s close. At this price, the stock is -0.64% below its 52-week high of $9.39 and 70.41% above its 52-week low of $5.47. Based on the past 30-day period, the stock price is -1.11% below the high and +18.85% […]
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TechnipFMC plc (NYSE:FTI) has a beta value of 1.86 and has seen 7.82 million shares traded in the last trading session. The company, currently valued at $4.25B, closed the last trade at $9.16 per share which meant it lost -$0.16 on the day or -1.72% during that session. The FTI stock price is -2.51% off … TechnipFMC plc (FTI)’s Stock Price Falls Due To Weak Fundamental Momentum Read More »
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TechnipFMC plc (NYSE:FTI) traded at $8.92 at last check on Tuesday, September 20, made a downward move of -4.29% on its previous day’s price. Looking at the stock we see that its previous close was $9.32 and the beta (5Y monthly) reads 1.87 with the day’s price range being $8.69 – $9.32. In terms of … TechnipFMC plc (NYSE: FTI) Is Down -4.29% – Is It Capable Of A Rally? Read More »
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TotalEnergies has awarded TechnipFMC with an engineering, procurement, construction and installation (EPCI) contract for […] The post TechnipFMC gets EPCI subsea contract with TotalEnergies appeared first on Offshore Energy .
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TechnipFMC (NYSE: FTI) has been awarded a significant(1) engineering, procurement, construction and installation (EPCI) contract by TotalEnergies for its Lapa North East field in the pre-salt Sant…
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) engineering, procurement, construction and installation (EPCI) contract by TotalEnergies for its Lapa North East field in the pre-salt Santos Basin offshore Brazil. TechnipFMC will reconfigure and install umbilicals and flexible pipe in a new configuration that will further secure the production of the field. Jonathan Landes, President, Subsea, at TechnipFMC, commented: “The Brazilian offshore market
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TORONTO, Sept. 12, 2022 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) provides notice that it has completed technical reports under National Instrument 43-101 for the balance of its major mines and projects for which technical reports were not previously available. With the completion of technical reports for the Minera Florida gold mine in
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Regulatory News: Technip Energies (PARIS:TE) (ISIN:NL0014559478) announced today that Arnaud Pieton, Chief Executive Officer, will address attendees on Wednesday, September 14, at 12.00 CET at the following event: Kepler Cheuvreux Autumn Conference Hotel du Collectionneur, 51-57 Rue de Courcelles, 75008 Paris, France Tuesday, September 13, 2022 - Thursday, September 16, 2022 A replay
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PARIS--(BUSINESS WIRE)--Regulatory News: This replaces the announcement made at 7:30 AM CET on September 5 due to the following corrections: Technip Energies presentation to the Barclays CEO Energy Power conference timing update. Technip Energies to Address Attendees at the Barclays CEO Energy-Power Conference Technip Energies (PARIS:TE) (ISIN:NL0014559478) announced today that Arnaud Pieton, Chief Executive Officer, will address attendees on Tuesday, September 06, at 3:35 p.m. EST (09:35 p.m.
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French engineering and technology company, Technip Energies and Senegal’s national oil company, Petrosen, signed a memorandum of understanding (MoU) during the second day of the MSGBC Oil, Gas & Power 2022 conference and exhibition (https://bit.ly/3a4fuRb). Represented by Marco Villa, Director of Operations at Technip Energies, and Thierno Seydou Ly, General Manager of Petrosen, the MoU marks the […] This post first appeared on African Business
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French engineering and technology company Technip Energies and Senegal’s national oil company Petrosen signed a memorandum of understanding (MoU) during the second day of the MSGBC Oil, Gas & Power 2022 conference and exhibition (https:// bit.ly/3a4fuRb). Represented by Marco Villa, Chief Operating Officer of Technip Energies, and Thierno Seydou Ly, General Manager of Petrosen, the MoU marks the beginning of a three-year local content partnership between the parties. Under the terms of the memorandum of understanding, Technip Energies will consolidate its critical role in the region, covering costs and providing full-capacity workshops and training programs over the next three years for a list of local grantees to be nominated by Petrosen. Skills development will cover energy transition principles, liquefied natural gas, zero carbon energy solutions, sustainable chemistry, decarbonization, HSE principles and management systems, safety engineering, process engineering , oil and water treatment plants, gas processing facilities, offshore and onshore facilities, […] Technip Energies and Petrosen Sign Local Content Mou at MSGBC Oil, Gas & Power 2022 NNN NNN - Nigeria News, Latest News Updates Today
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TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Tuesday, September 6, at 1:50 p.m. EDT at the following event: Barclays CE…
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NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) announced today that Doug Pferdehirt, Chair and Chief Executive Officer, will address attendees on Tuesday, September 6, at 1:50 p.m. EDT at the following event: Barclays CEO Energy-Power Conference September 6 – 8, 2022 Location: Sheraton New York Times Square, 811 Seventh Avenue, New York, NY 10019 The live webcast and accompanying presentation slides will be available at the time of the event and can be accessed at the Investor Rel
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TechnipFMC plc found using ticker (FTI) now have 10 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The target price ranges between 14.22 and 6.6 with the average target price sitting at 9.24. With the stocks previous close at 8.66 this would imply there is a potential upside of 6.7%. The day 50 moving average is 7.34 and the 200 moving average now moves to 7.15. The market cap for the company is $3,767m. Company Website: https://www.technipfmc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,019m based on the market concensus. TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.
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Currently, TechnipFMC plc’s (FTI) stock is trading at $8.38, marking a fall of -3.29% from last night’s close. At this price, the stock is -7.97% below its 52-week high of $9.10 and 52.97% above its 52-week low of $5.47. Based on the past 30-day period, the stock price is -8.35% below the high and +6.65% […]
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Friday’s top analyst upgrades and downgrades included Danaher, Exact Sciences, First Majestic Silver, First Solar, Illumina, KB Home, NetApp, Nvidia, Salesforce, Snowflake, Splunk and TechnipFMC.
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TechnipFMC plc (FTI)’s stock has witnessed a price hike of 1.11% from the previous close with its current price standing at $8.65. Its current price is -5.00% under its 52-week high of $9.10 and 57.90% more than its 52-week low of $5.47. Based on the past 30-day period, the stock price is -5.99% below the […]
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TechnipFMC plc with ticker code (FTI) now have 10 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 14.22 and 6.6 calculating the average target price we see 9.24. Given that the stocks previous close was at 8.25 this is indicating there is a potential upside of 12.0%. The 50 day MA is 7.18 and the 200 moving average now moves to 7.11. The company has a market cap of $3,866m. Company Website: https://www.technipfmc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,330m based on the market concensus. TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.
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At TotalEnergies'' Papua LNG project in Papua New Guinea, Technip Energies and Clough will collaborate to provide FEED services for the project.
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A consortium of Technip Energies and Clough will provide front-end engineering and design (FEED) services for the upstream facilities at the TotalEnergies-led Papua LNG project in Papua New Guinea. The post TotalEnergies hands Clough and Technip Energies upstream FEED deal for Papua LNG appeared first on Energy Voice .
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PARIS--(BUSINESS WIRE)--Technip Energies (Paris:TE) (ISIN:NL0014559478), leader of a consortium with Clough, has been selected to perform the Front End Engineering Design (FEED) for TotalEnergies’ Papua LNG project’s upstream production facilities in Papua New Guinea. The upstream production facilities cover the development of the Elk and Antelope onshore gas fields including the well pads and the central processing facility. It also incorporates a carbon capture and sequestration (CCS) scheme
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In recent trading session, TechnipFMC plc (NYSE:FTI) saw 1.58 million shares changing hands at last check today with its beta currently measuring 1.93. Company’s recent per share price level of $8.72 trading at $0.21 or 2.41% at last check today assigns it a market valuation of $3.69B. That most recent trading price of FTI’s stock … TechnipFMC plc (NYSE:FTI) Shares Jumped 3.78% In A Week. Can It Continue Rising? Read More »
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TechnipFMC plc found using ticker (FTI) now have 10 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 14.22 and 6.6 with a mean TP of 9.24. Now with the previous closing price of 8.29 this would indicate that there is a potential upside of 11.5%. There is a 50 day moving average of 7.11 while the 200 day moving average is 7.06. The company has a market capitalisation of $3,771m. Company Website: https://www.technipfmc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,204m based on the market concensus. TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.
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The Elevation Church (TEC) has empowered teenagers with the requisite skills and capacities to stand out. At this year’s navigate conference held in Lagos, with the theme .. The post TEC equips youngsters with skills appeared first on The Guardian Nigeria News - Nigeria and World News .
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This oil-field services company reported a strong quarter and growing backlog.
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There are cheap stocks, and then there are penny stocks. The former aren’t necessarily bad investments. The latter — defined as stocks trading at $5 or less — often turn out to be duds. Let’s take a look at six cheap stocks that analysts love. For this article, cheap stocks will be those companies whose July 26 closing share price was $20 or less. In addition, they will be stocks where at least 10 analysts cover the business and have an average rating of “outperform” or “buy.” I’ve been able to find 19 stocks that meet this criteria. Here are my six cheap stocks from six different sectors: TIGO Millicom International Cellular $15.23 NIO Nio $20.22 FTI TechnipFMC $8.31 AZEK Azek Company $19.60 XM Qualtrics International $12.60 HST Host Hotels & Resorts $17.97 Cheap Stocks: Millicom International Cellular (TIGO) Source: IgorGolovniov / Shutterstock There are currently 13 analysts covering Millicom International Cellular (NASDAQ: TIGO ). Of the 13 analysts, nine rate it a “buy,” one rates it “overweight” and three have it as a “hold.” This makes for an overall rating of overweight.
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The company has leased 25,000 sq ft in Bangalore, 35,000 sq ft in Chennai and 45,000 sq ft in Gurgaon and is in talks with developers to add more space in the portfolio.
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TechnipFMC has been awarded a significant contract by ExxonMobil affiliate, Esso Exploration and Production Guyana Limited, for the Gas to Energy Project in Guyana.
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TechnipFMC plc found using ticker (FTI) have now 10 analysts in total covering the stock. The consensus rating is ''Buy''. The range between the high target price and low target price is between 14.22 and 6.6 with a mean TP of 9.24. Given that the stocks previous close was at 8.1 this now indicates there is a potential upside of 14.1%. The 50 day MA is 7.1 while the 200 day moving average is 7.05. The company has a market capitalisation of $3,731m. You can visit the company''s website by visiting: https://www.technipfmc.com [stock_market_widget type="chart" template="basic" color="green" assets="FTI" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $4,256m based on the market concensus. TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation.
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TechnipFMC plc (NYSE: FTI ) reported second-quarter 2022 adjusted earnings of 2 cents per share, lagging the Zacks Consensus Estimate of 4 cents per share. This underperformance was due to higher product costs and lease expenses, which pushed up the company''s total expenses. Adjusted EBITDA from the Subsea unit for the reported quarter totaled $176 million, beating the Zacks Consensus Estimate of $163 million, while the Surface Technologies unit''s profit came in at $32.4 million, outperforming the Zacks Consensus Estimate of $28.85 million. For the quarter ended Jun 30, this seabed-to-surface oilfield equipment and services provider''s revenues of $1.72 billion outperformed the Zacks Consensus Estimate by 1.30% and also increased from the year-ago quarter''s $1.67 billion. This could be attributed to the better-than-anticipated revenue performance of the Surface Technologies unit. Giving some respite to investors, FTI''s second-quarter inbound orders increased 41.2% from the year-ago period''s level to $2.2 billion, reflecting strong revenue visibility.
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Oilfield services firm TechnipFMC announced it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited for the Gas to Energy Project in Guyana. Subject to final project sanction, TechnipFMC will provide engineering, procurement, construction and installation of subsea risers and pipelines. The project will connect the production from Liza Destiny and Liza Unity floating production, storage and offloading units (FPSO) back to shore, delivering associated gas from the field to a gas-fired power plant that will supply electricity to the community. ExxonMobil, alongside its co-venture partners on the Stabroek Block Hess and CNOOC, is progressing plans for the Gas to Energy Project in cooperation with the Government of Guyana. Start up is expected by the end of 2024. The pipeline would transport up to about 50 million standard cubic feet per day of natural gas to the facilities. TechnipFMC did not reveal the value of the contract, but said it is “significant” within the range of $75 million and $250 million.
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https://www.investing.com/news/pro/technipfmc-pt-raised-to-910-at-citi-432SI-2859842
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https://www.investing.com/news/pro/technipfmc-pt-raised-to-15-at-cowen-432SI-2857800
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TechnipFMC plc (NYSE:NYSE:FTI) Q2 2022 Earnings Conference Call July 28, 2022 08:00 AM ET Company Participants Matt Seinsheimer - Senior Vice President, Investor Relations & Corporate…
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PARIS--(BUSINESS WIRE)--Technip Energies N.V. ("Technip Energies") (Paris:TE) (ISIN: NL0014559478) announces that on 28 July 2022, it published its Half-Year Financial Report for the six months ended 30 June 2022. The Half-Year Financial Report includes condensed consolidated financial statements (prepared in accordance with IAS 34), an interim management report and a statement of the persons responsible for the Half-Year Financial Report. A copy of the Half-Year Financial Report can be found o
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The following slide deck was published by TechnipFMC plc in conjunction with their 2022 Q2 earnings call.
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