FTI

TechnipFMC PLC (NYSE: FTI) has cut about a third of its spending plans for 2020, and it’s looking to reduce costs even beyond that.

TechnipFMC, which has headquarters in Paris, London and Houston, has reduced its 2020 capital expenditure plan by $150 …

TechnipFMC PLC (NYSE: FTI) has decided to delay a much-anticipated deal that would split it into two companies on concerns about the ongoing global pandemic and other issues.

The coronavirus outbreak, a sharp decline in oil prices and equity market vo…

TechnipFMC (NYSE: FTI) is anticipating a $2.4 billion hit to the value of its assets when it releases its fourth-quarter and 2019 reports on Feb. 26, according to a Feb. 10 press release.

The international oil field service giant pointed to lower crud…