TechnipFMC

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

Retrieved on: 
Wednesday, March 27, 2024
Software, Other Energy, Professional Services, Fintech, Data Management, Sustainability, Energy, Technology, Environment, Data Analytics, Green Technology, Finance, Automation, Partner, Business, Electronics, OEP, Acquisition, FTI, Guidant, Life, Senior, TechnipFMC

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
Technology, Maritime, Engineering, Transport, Oil, Gas, Software, Alternative Energy, Manufacturing, Energy, Electronic Design Automation, Risk, FTI, TechnipFMC, Annual report

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
Environment, Engineering, Chemicals, Plastics, Utilities, Oil, Gas, Manufacturing, Alternative Energy, Sustainability, Energy, Carbon, Region, Risk management, ERP, Yale School of Management, Yale school, BearingPoint, Executive Committee, HEC Paris, Engineering & Technology, CDIO, Export, TechnipFMC, Graduate diploma, Business, Internal audit, Digital, Sapienza University of Rome, Oracle, McKinsey & Company, École polytechnique, Technip Energies, Technique, Control, Negotiation, Information, Management

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
MPC, Communication, Mary Ann, Safety, TechnipFMC, Health, U.S. Steel, Environment, Mannen, Marathon Petroleum, Management

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
Technology, Finance, HVAC, Oil, Gas, Professional Services, Manufacturing, Energy, Machinery, Electronic Design Automation, NYSE, Senior, Equity, Partner, One Equity Partners, TechnipFMC, Growth, Coriolis, Business, Open metering system, FTI, Ellerbek

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.

TechnipFMC Announces Agreement to Sell Measurement Solutions Business

Retrieved on: 
Monday, November 20, 2023
Other Energy, Oil, Gas, Natural Resources, Energy, Engineering, Other Natural Resources, Mining, Minerals, Manufacturing, NYSE, Chair, Annual report, Risk, Nature, NRDC Equity Partners, TechnipFMC, FTI

TechnipFMC plc (NYSE: FTI) (the “Company” or “TechnipFMC”) today announced an agreement to sell the Company’s Measurement Solutions business to One Equity Partners for $205 million in cash, subject to customary adjustments at the closing of the transaction.

Key Points: 
  • TechnipFMC plc (NYSE: FTI) (the “Company” or “TechnipFMC”) today announced an agreement to sell the Company’s Measurement Solutions business to One Equity Partners for $205 million in cash, subject to customary adjustments at the closing of the transaction.
  • As part of the Surface Technologies segment, the Measurement Solutions business encompasses terminal management solutions and metering products and systems, and includes engineering and manufacturing locations in North America and Europe.
  • The Company will work closely with One Equity Partners to ensure a smooth transition of business activities.
  • The words “expect,” “believe,” “estimated,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature.

Pipeline transport market size to grow by USD 26.71 billion from 2023 to 2028 | The oil and gas segment is estimated to witness significant growth during the forecast period | Technavio

Retrieved on: 
Tuesday, November 7, 2023
Transfer, PDF, RTP, Oneok, Siemens Energy AG, Inter Pipeline, ABB, Water, Shell plc, Huawei, Shell, Government, Enterprise Products, Kinder Morgan, Geography, Rockwell Automation, TC Energy, Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, Energy, Growth, Transport, Energy Transfer Partners, Economic development, Rail transport by country, USD, TechnipFMC, Forest Law Enforcement and Governance Program, Investment, English v. General Electric Co., China National Petroleum Corporation, Nord, Oil, Marketing, Speciality chemicals

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The pipeline transport market size is expected to grow by USD 26.71 billion from 2023 to 2028, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The pipeline transport market size is expected to grow by USD 26.71 billion from 2023 to 2028, according to Technavio.
  • The benefits of pipelines over other modes of oil and gas transportation are notably driving the pipeline transport market.
  • The Free sample report is available in PDF format
    The oil and gas segment is estimated to witness significant growth during the forecast period.
  • The pipeline transport market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market.

TechnipFMC Awarded Flexible Pipe Contract for Woodside Energy’s Trion Project

Retrieved on: 
Tuesday, October 24, 2023
Oil, Gas, Electronic Design Automation, Data Management, Energy, Satellite, Manufacturing, Technology, Other Natural Resources, Mining, Minerals, Maritime, Natural Resources, Transport, Other Technology, Software, Other Energy, Engineering, Nature, Trion, Woodside Energy, Risk, WDS, NYSE, LON, FTI, Audit, TechnipFMC

TechnipFMC (NYSE: FTI) has been awarded(1) a contract to manufacture flexible pipe by Woodside Energy (LON: WDS).

Key Points: 
  • TechnipFMC (NYSE: FTI) has been awarded(1) a contract to manufacture flexible pipe by Woodside Energy (LON: WDS).
  • The Company will supply infield flowlines and jumpers for the Trion project in deepwater Mexico.
  • Jonathan Landes, President, Subsea at TechnipFMC, commented: “We worked with Woodside to formulate the best technical solution for this milestone project.
  • This contract is our largest flexible pipe award in the Gulf of Mexico to date, and builds upon the trust we have established with Woodside over many years of successful execution and delivery.”
    (1) This award was included in inbound orders in the third quarter of 2023.

TechnipFMC Declares Quarterly Dividend

Retrieved on: 
Tuesday, October 24, 2023
Technology, Engineering, Other Energy, Manufacturing, Oil, Gas, Energy, Other Natural Resources, Environment, Mining, Minerals, Sustainability, Software, Natural Resources, Electronic Design Automation, Green Technology, Nature, TechnipFMC, Risk, NYSE, FTI, Holding company, Audit, Security (finance)

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 December 6, 2023 to shareholders of record as of the close of business on the New York Stock Exchange on November 21, 2023.

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 December 6, 2023 to shareholders of record as of the close of business on the New York Stock Exchange on November 21, 2023.
  • The ex-dividend date is November 20, 2023.
  • The words “expect,” “believe,” “estimated,” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature.
  • Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections.

"Innovate in partnership" ADIPEC Showcases Power of Technology in Delivering a Just and Effective Energy Transition at Scale

Retrieved on: 
Thursday, October 5, 2023
Partnership, AWS, ADNOC, OMV, AVEVA, JOGMEC, Ecosystem, ABU, USENIX Annual Technical Conference, Affinity Partners, TechnipFMC, Conference, Renewable energy, Wärtsilä, Wood

Day 3 provided insights from key stakeholders addressing the importance of enabling innovation as a united ecosystem: "Innovate in partnership.

Key Points: 
  • Day 3 provided insights from key stakeholders addressing the importance of enabling innovation as a united ecosystem: "Innovate in partnership.
  • ABU DHABI, UAE, Oct. 5, 2023 /PRNewswire/ -- Showcasing the power of technology in delivering a just and effective energy transition, at scale, was in sharp focus on day three of AIDPEC, the world's largest energy exhibition and conference, currently underway in Abu Dhabi.
  • Bringing together more than 40 ministers, 100s of C-suite executives and experts from energy, technology, finance and academia, the third day of the conference continued to plot the industry's energy transition and the role of technology in facilitating it.
  • Across areas such as energy efficiency and storage, we have incredible minds every day waking up and coming up with the next innovation.