FTI - HoustonNewMedia.org https://houstonnewmedia.org/tag/fti/ Building "Bridges" Across the Bayou City! Sat, 04 Apr 2020 15:04:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 FTI - HoustonNewMedia.org https://houstonnewmedia.org/tag/fti/ 32 32 103504436 TechnipFMC joins ranks of energy cos. cutting spending https://houstonnewmedia.org/technipfmc-joins-ranks-of-energy-cos-cutting-spending/?utm_source=rss&utm_medium=rss&utm_campaign=technipfmc-joins-ranks-of-energy-cos-cutting-spending Sat, 04 Apr 2020 15:04:20 +0000 http://houstonnewmedia.org/?guid=fd72df165ec849d861d6a7138fec6348 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 ...

The post TechnipFMC joins ranks of energy cos. cutting spending first appeared on HoustonNewMedia.org.

The post TechnipFMC joins ranks of energy cos. cutting spending appeared first on HoustonNewMedia.org.

]]> 32665 TechnipFMC delays spinoff on concerns over pandemic, markets https://houstonnewmedia.org/technipfmc-delays-spinoff-on-concerns-over-pandemic-markets/?utm_source=rss&utm_medium=rss&utm_campaign=technipfmc-delays-spinoff-on-concerns-over-pandemic-markets Mon, 16 Mar 2020 17:04:45 +0000 http://houstonnewmedia.org/?guid=f426fb712c519769e315cea7219426fa 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...

The post TechnipFMC delays spinoff on concerns over pandemic, markets first appeared on HoustonNewMedia.org.

The post TechnipFMC delays spinoff on concerns over pandemic, markets appeared first on HoustonNewMedia.org.

]]> 26420 Global oil field services co. anticipates multibillion-dollar blow to its assets https://houstonnewmedia.org/global-oil-field-services-co-anticipates-multibillion-dollar-blow-to-its-assets/?utm_source=rss&utm_medium=rss&utm_campaign=global-oil-field-services-co-anticipates-multibillion-dollar-blow-to-its-assets Tue, 11 Feb 2020 14:29:32 +0000 http://houstonnewmedia.org/?guid=855bb117c9e536740b1955158e71250a 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...

The post Global oil field services co. anticipates multibillion-dollar blow to its assets first appeared on HoustonNewMedia.org.

The post Global oil field services co. anticipates multibillion-dollar blow to its assets appeared first on HoustonNewMedia.org.

]]> 17377