NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) has been awarded a significant (1) contract by Equinor to provide riserless light well intervention (RLWI) services on the Norwegian ...

The rewards are huge, however. According to the Norwegian Petroleum Directorate, conventional subsea wells extract eight percentage points less oil than regular wells. The 17 subsea fields on the ...

TechnipFMC FTI, a leading global provider of subsea solutions, secured a contract from Equinor EQNR to deliver Riserless Light Well Intervention (RLWI) services on the Norwegian Continental Shelf.

Subsea specialist FMC Technologies has seen its light well intervention services contract for BP wells with Island Offshore Management extended by two years. FMC Technologies senior vice president ...

Equinor Energy AS has let a contract to TechnipFMC to provide riserless light well intervention (RLWI) services on the Norwegian Continental Shelf. Equinor Energy AS has let a contract to TechnipFMC ...

TechnipFMC said it has signed an agreement with the Island Offshore group to acquire a 51 percent stake in Island Offshore’s wholly owned subsidiary, Island Offshore Subsea AS. Island Offshore Subsea ...

Oilfield services giant TechnipFMC plans to acquire the remaining 49% of shares in TIOS AS from Island Offshore. TIOS is an offshore well intervention joint venture formed in 2018 between TechnipFMC ...