Key Takeaways FTI secured a $250M-$500M subsea contract from ExxonMobil Guyana for the Hammerhead project.The deal leverages TechnipFMC's Subsea 2.0 technology and strengthens its offshore efficiency.This agreement marks FTI's seventh greenfield engagement with ExxonMobil Guyana since 2017.TechnipFMC plc (FTI) has landed a substantial subsea contract from ExxonMobil Guyana, an affiliate of Exxon Mobil Corporation (XOM) , to support the Hammerhead development in Guyana’s Stabroek Block. The contract is consi ...

Key Takeaways Petrobras, Exxon and TechnipFMC asked Cade to review the Subsea7-Saipem merger.The firms warn that the deal may hike costs and reduce options in subsea oil and gas projects.The merger would eliminate opportunities for rival companies to participate in Brazil's public tenders.Per Reuters, Petróleo Brasileiro S.A. - Petrobras (PBR) , one of the largest integrated energy firms in Brazil, alongside Exxon Mobil Corporation (XOM) and TechnipFMC plc (FTI) , has petitioned Brazil’s antitrust regulator ...

ExxonMobil, Petrobras and TechnipFMC have raised objections to the planned merger between Italy's Saipem and Norway's Subsea 7, urging Brazil’s antitrust regulator to block the transaction, reported Bloomberg. The companies have formally requested participation in the watchdog’s review, warning that the deal would substantially affect competition in the oilfield services sector and drive prices higher. The concerns highlighted the markets for subsea umbilical, risers and flowlines, as well as the supply ...

TechnipFMC (NYSE:FTI) said late Tuesday it was awarded a "significant" subsea production systems contract with Petrobras (PBR) for work offshore Brazil; the company considers a "significant" contract in the $75 million-to-$250 million range. TechnipFMC (NYSE:FTI) said it will design, engineer ...

Key Takeaways TechnipFMC won a $75M-$250M Petrobras contract for subsea production systems.The deal spans design, engineering, manufacturing and life-of-field services.Systems will be built and serviced in Brazil, boosting local expertise and support.TechnipFMC plc (FTI) , a global leader in subsea technology and services, has secured a substantial contract from Brazil’s integrated oil and gas company Petrobras (PBR) , valued between $75 million and $250 million, following a rigorous competitive tendering p ...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract, following a competitive tendering process, for subsea production systems by Petrobras. TechnipFMC will design, engineer, and manufacture subsea production systems to be deployed in an array of greenfield developments, brownfield expansions, and asset revitalizations across Petrobras' extensive portfolio. The contract also covers installation support and life-of-field services, with provision. ...

Exxon Mobil , Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipe... ...

Key Takeaways TechnipFMC EPS is projected to rise 20% in 2025 and another 19% in 2026.Subsea backlog hit $15.8B in Q2, growing in six of the past seven quarters.Subsea services generate decades of revenues, supporting long-term earnings.TechnipFMC plc ((FTI) is on track for meaningful earnings growth, with the Zacks Consensus Estimate pointing to a 20% increase in 2025, followed by another 19% in 2026. Earnings per share are expected to climb from $2.18 this year to $2.59 in 2026. Behind this steady rise is ...

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) will host its third-quarter 2025 earnings conference call on Thursday, October 23, 2025, at 1:30 p.m. London time (8:30 a.m. New York time). A press release announcing the results will be issued prior to the call at approximately 11:45 a.m. London time (6:45 a.m. New York time). The event will be webcast live and can be accessed via the Investor Relations website, or by registering here. A replay of the webcast will be available on th. ...

Key Takeaways Par Pacific earnings are projected to climb 516.2% in 2025, with strong growth momentum.Oceaneering earnings are expected to rise 57.9% in 2025 to reach $1.80 per share.TechnipFMC earnings are set to advance 20% this year, reaching $2.18 per share.Earnings per share (‘EPS’) growth is a key driver of stock performance, and in the Oil – Energy space, it often signals real strength. While the sector can be volatile, consistent EPS growth stands out. Three names worth noting — Par Pacific Holdings ...