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ResolvedStocks

TechnipFMC Wins Major Subsea Contract from Eni for Baleine Project

First Detected: Jul 6, 2026, 8:30 PM
Last Update: about 2 months ago
4 articles·3 stories

Event Summary

TechnipFMC secured a major subsea contract from Eni for the Baleine Phase 3 project offshore Côte d'Ivoire, involving the design and manufacture of flexible flowlines and risers at depths of 1,200 meters. Additionally, the company was awarded multiple subsea tie-back contracts by Equinor in Norway. Meanwhile, EU antitrust regulators are launching a full-scale investigation into the merger between Saipem and Subsea 7 due to competition concerns within the subsea services sector.

Timeline

EU Antitrust Regulators to Launch Full Probe into Saipem-Subsea 7 Merger
Jul 10, 2026, 1:30 PMImpact: 6
TechnipFMC Secures Major Subsea Contracts from Equinor for Norway Projects
Jul 7, 2026, 8:31 PMImpact: 6
TechnipFMC Wins Major Subsea Contract from Eni for Baleine Project
Jul 6, 2026, 8:30 PMImpact: 6

Price Impact

Since event start
FTI+11.12%
E+18.56%
EQNR+25.77%