Technip FMC improves full-year expectations following ‘strong’ quarter

Technip FMC improves full-year expectations following ‘strong’ quarter

TechnipFMC has increased its full-year expectations on the back of a strong start to 2021, as well as “continued improvement” in the broader market outlook.

The energy services giant has bagged ten subsea awards this year to date, half of which will be executed as integrated projects.

Meanwhile, surface technology orders have increased throughout 2021, driven by the Middle East, the North Sea and China.