TechnipFMC identifies $17bn of subsea awards by mid-2023

Contractor adds five new projects to opportunity set, but stocks drops 10% amid concerns over net debt, free cash flow and market recovery

New opportunities: TechnipFMC chief executive Doug Pferdehirt
New opportunities: TechnipFMC chief executive Doug PferdehirtPhoto: TECHNIPFMC
Published 23 July 2021, 15:59Updated 23 July 2021, 16:13