TechnipFMC said it was launching a placement of 16 million shares in Technip Energies, one of the world’s leading liquefied natural gas engineering companies, representing around 9 percent of the outstanding share capital of Technip Energies.

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IEnova, the Sempra Energy Mexico-based subsidiary developing the Costa Azul LNG export plant on the Pacific Coast, boosted its first-quarter earnings with revenues from the South Texas-Tuxpan natural gas pipeline.

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