TechnipFMC

TechnipFMC Announces First Quarter 2024 Results

Retrieved on: 
Thursday, April 25, 2024

3 Backlog as of March 31, 2024 does not include total Company non-consolidated backlog of $239 million.

Key Points: 
  • 3 Backlog as of March 31, 2024 does not include total Company non-consolidated backlog of $239 million.
  • Subsea reported first quarter revenue of $1,734.8 million, an increase of 0.8 percent from the fourth quarter.
  • Subsea reported an operating profit of $156.6 million, an increase of 7.5 percent from the fourth quarter.
  • Subsea reported adjusted EBITDA of $242.4 million, an increase of 7.5 percent when compared to the fourth quarter.

TechnipFMC Declares Quarterly Dividend

Retrieved on: 
Tuesday, April 23, 2024

TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on June 5, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on May 21, 2024.

Key Points: 
  • TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on June 5, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on May 21, 2024.
  • The ex-dividend date is May 20, 2024.
  • This release contains "forward-looking statements" regarding our future dividend payment obligations as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended.
  • We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

VeeamON 2024 to Showcase the Future of Intelligent Data Protection and Ransomware Recovery

Retrieved on: 
Wednesday, April 10, 2024

Veeam Software , the #1 leader by market share in data protection and ransomware recovery , today announced its annual flagship customer and partner event VeeamON taking place June 3-5, 2024 at The Diplomat Beach Resort in Fort Lauderdale, Fla. and online.

Key Points: 
  • Veeam Software , the #1 leader by market share in data protection and ransomware recovery , today announced its annual flagship customer and partner event VeeamON taking place June 3-5, 2024 at The Diplomat Beach Resort in Fort Lauderdale, Fla. and online.
  • The event will feature 40+ breakout sessions addressing everything from ransomware threats to data freedom, a solutions expo offering hours of networking opportunities, LabWarz, and exclusive on-site super sessions.
  • Veeam will also provide exclusive insight into its latest product innovations and company news, including Veeam Data Cloud which provides resilient data protection and data recovery for multi-cloud data.
  • Lastly, VeeamON 2024 is the perfect opportunity for attendees to set themselves apart and gain their Veeam Certified Engineer (VMCE) credentials.

Asset Integrity Management Market worth $31.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 16, 2024

As industries increasingly prioritize safety, regulatory compliance, and operational efficiency, the demand for NDT inspection services continues to surge, further solidifying its dominance in the asset integrity management market.

Key Points: 
  • As industries increasingly prioritize safety, regulatory compliance, and operational efficiency, the demand for NDT inspection services continues to surge, further solidifying its dominance in the asset integrity management market.
  • Oil & gas industry holds for the largest share in asset integrity management market.
  • Oil and gas industry holds the largest share in the asset integrity management market due to its critical reliance on maintaining the integrity of complex infrastructure and equipment.
  • These players have a strong market presence of asset integrity management across various countries in North America, Europe, Asia Pacific and the Rest of the World (RoW).

Asset Integrity Management Market worth $31.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 16, 2024

As industries increasingly prioritize safety, regulatory compliance, and operational efficiency, the demand for NDT inspection services continues to surge, further solidifying its dominance in the asset integrity management market.

Key Points: 
  • As industries increasingly prioritize safety, regulatory compliance, and operational efficiency, the demand for NDT inspection services continues to surge, further solidifying its dominance in the asset integrity management market.
  • Oil & gas industry holds for the largest share in asset integrity management market.
  • Oil and gas industry holds the largest share in the asset integrity management market due to its critical reliance on maintaining the integrity of complex infrastructure and equipment.
  • These players have a strong market presence of asset integrity management across various countries in North America, Europe, Asia Pacific and the Rest of the World (RoW).

One Equity Partners Completes Acquisition of TechnipFMC’s Measurement Solutions Business

Retrieved on: 
Wednesday, March 27, 2024

One Equity Partners (“OEP”), a middle market private equity firm, has completed the acquisition of TechnipFMC’s Measurement Solutions business (“the Business”), from TechnipFMC (NYSE: FTI).

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, has completed the acquisition of TechnipFMC’s Measurement Solutions business (“the Business”), from TechnipFMC (NYSE: FTI).
  • The Business, which is being rebranded as Guidant , is a leading provider of fiscal measurement technologies, facility asset management and automation solutions, and integrated measurement systems deployed across the energy value chain.
  • Headquartered in Houston, TX, Guidant offers a broad portfolio of measurement technology, digital and automation solutions, and systems across the globe.
  • “We are thrilled to be partnering with Guidant’s talented management team,” said J.B. Cherry , Partner at One Equity Partners.

TechnipFMC Declares Quarterly Dividend

Retrieved on: 
Tuesday, February 20, 2024

TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on April 3, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on March 19, 2024.

Key Points: 
  • TechnipFMC plc (NYSE: FTI) today announced that its Board of Directors has authorized and declared a quarterly cash dividend of $0.05 per share, payable on April 3, 2024 to shareholders of record as of the close of business on the New York Stock Exchange on March 19, 2024.
  • The ex-dividend date is March 18, 2024.
  • This release contains "forward-looking statements" regarding our future dividend payment obligations as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended.
  • We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

Technip Energies Announces Appointments to its Executive Committee

Retrieved on: 
Tuesday, January 23, 2024

Technip Energies, a leading Engineering & Technology company for the energy transition, announces the following Executive Committee appointments:

Key Points: 
  • Technip Energies, a leading Engineering & Technology company for the energy transition, announces the following Executive Committee appointments:
    Naïla Giovanni, has been appointed to the newly created position of Chief Digital and Information Officer (CDIO), to accelerate Technip Energies’ digital transformation.
  • Based in Paris, she joins the Executive Committee.
  • Technip Energies also announces the appointment of Marco Villa, previously Chief Operating Officer, to the new position of Chief Business Officer within the Executive Committee.
  • In 2021, he became Chief Operating Officer of Technip Energies.

Marathon Petroleum Corp. announces Maryann T. Mannen as President, John J. Quaid as Chief Financial Officer

Retrieved on: 
Thursday, December 21, 2023

Maryann T. Mannen, executive vice president and chief financial officer of MPC, has been appointed president of MPC.

Key Points: 
  • Maryann T. Mannen, executive vice president and chief financial officer of MPC, has been appointed president of MPC.
  • Hennigan will continue to serve as MPC's CEO, as well as the chairman, president and chief executive officer of the general partner of MPLX LP (NYSE: MPLX).
  • Succeeding Mannen, John J. Quaid, executive vice president and chief financial officer of the general partner of MPLX, has been appointed executive vice president and chief financial officer of MPC.
  • Quaid joined MPC in 2014 as vice president and controller and became executive vice president and chief financial officer of the general partner of MPLX in 2021.

One Equity Partners Agrees to Acquire TechnipFMC’s Measurement Solutions Business

Retrieved on: 
Monday, November 20, 2023

One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has signed an agreement to acquire TechnipFMC’s Measurement Solutions business (“the Business”), a leading provider of liquid meters, integrated load management metering systems and related digital solutions involved in materials transfer through infrastructure, from TechnipFMC (NYSE: FTI).

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has signed an agreement to acquire TechnipFMC’s Measurement Solutions business (“the Business”), a leading provider of liquid meters, integrated load management metering systems and related digital solutions involved in materials transfer through infrastructure, from TechnipFMC (NYSE: FTI).
  • It also offers packaged flow measurement and fully automated systems as well as digital solutions related to capturing physical material and fiscal data from within interconnected infrastructure.
  • “The Business is an established global player with exciting growth potential as a standalone company,” said J.B. Cherry , Senior Managing Director at One Equity Partners.
  • One Equity Partners has completed twenty-one similar transactions across its latest three funds, including eleven which operate in industrial focused end-markets.