LNG and energy projects company Technip Energies says French unit has resolved Parquet National case
Technip Energies, the European LNG and energy project engineering company, said its French unit had agreed to resolve outstanding matters with the French Parquet National Financier (PNF), the judicial force charged with tracking down the financial crimes of French companies.
TechnipFMC activities
April 27 (LNGJ) - TechnipFMC, the US energy technology and subsea company, has arranged the sale of 25 million shares in the spun-off LNG project arm, Technip Energies. The placement of the stocks represented 14 percent of the share capital of Technip Energies. TechnipFMC said it still retained a stake of around 31 percent of Technip Energies. TechnipFMC also announced it received a Notice to Proceed for a subsea production system contract from Australian LNG operator Santos for the Barossa gas field project to boost feed-gas resources for Darwin LNG in Australia’s Northern Territory.
The field is located 300 kilometres north of Darwin at a water depth of around 130 metres. “The contract scope covers the supply of subsea trees and associated control systems, manifolds and wellheads, as well as installation and commissioning support, which will help to extend the life of the existing Darwin LNG facility,” said Jonathan Landes, President of Subsea at TechnipFMC.
