LNG

TechnipFMC, the Franco-US company, said it received a notice to proceed for its Costa Azul LNG engineering, procurement and construction contract following the positive final investment decision taken by Sempra Energy of the US and its Mexican subsidiary for the project on the Pacific Coast of Mexico.

TechnipFMC, the Franco-US energy and LNG engineering company, said it had decided to spin off its European-based engineering and construction operations into a separate business, leaving the Houston-based half of the firm as a technology-focused equipment supplier to the oil and gas sector.