

FTI strengthens its BP partnership on standardized 20K subsea systems, building on Kaskida and Tiber projects to pursue future deepwater opportunities.

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FMC Technologies (FTI) is well positioned to outperform the market, as it exhibits above-average growth in financials.

NEWCASTLE & HOUSTON--(BUSINESS WIRE)--TechnipFMC (NYSE: FTI) today announced the signing of a Memorandum of Understanding (MoU) with BP Exploration & Production Inc., a subsidiary of BP p.l.c. (NYSE: BP), which sets out a framework for bp and TechnipFMC to cooperate in connection with the supply of 20,000 psi (20K) subsea tree systems for bp's Paleogene projects in the Gulf of America. The MoU allows both parties to identify and work cooperatively on early opportunities and future technolog.

FMC Technologies (FTI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

SteelPeak Wealth LLC purchased a new position in shares of TechnipFMC plc (NYSE: FTI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 38,849 shares of the oil and gas company's stock, valued at approximately $2,639,000. Other hedge funds also recently added to


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