Sony Pixel Power calrec Sony

TechnipFMC to Host Capital Markets Day Dedicated to Technip Energies on January 28, 2021

21/01/2021

Press release | January 20 2021

TechnipFMC to Host Capital Markets Day Dedicated to Technip Energies on January 28, 2021 -- LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- Regulatory News:

TechnipFMC plc (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) (the Company or TechnipFMC ) today announced that it will host a Capital Markets Day dedicated to Technip Energies B.V. ( Technip Energies ) in connection with the Company's previously announced plan to separate into two industry-leading independent, publicly traded companies: TechnipFMC and Technip Energies. The transaction is expected to be structured as a spin-off of a majority stake in TechnipFMC's Technip Energies business segment. The separation is expected to be completed in the first quarter of 2021, subject to customary conditions and regulatory approvals.

The Capital Markets Day will feature presentations from members of Technip Energies' executive team, including:

Arnaud Pieton, Chief Executive Officer

Bruno Vibert, Chief Financial Officer

Marco Villa, Chief Operating Officer

Participants will have the opportunity to interact with these individuals and other key members of Technip Energies' leadership team.

The presentations will (1) highlight Technip Energies' extensive project delivery capability and technology, products and services offering, (2) discuss Technip Energies' long-term strategic vision and unique positioning in the energy transition and (3) review Technip Energies' financial performance.

The Capital Markets Day event will be held on Thursday, January 28, 2021, at 2pm CET. A live webcast and an accompanying presentation will be available in the Investor Relations section of TechnipFMC's website at www.technipfmc.com. An archived replay of the webcast will be available on the same website for one year. A supplemental presentation containing selected financial information for Technip Energies for the years ended December 31, 2017, 2018 and 2019, and for the six months ended June 30, 2020, will also be available in the Investor Relations section of TechnipFMC's website at www.technipfmc.com.

Advisors

Rothschild & Co. is acting as financial advisor and Latham & Watkins, LLP is acting as legal advisor, with Darrois Villey Maillot Brochier and De Brauw Blackstone Westbroek N.V serving as additional legal advisors, to the Company.

BNP Paribas, J.P. Morgan, Morgan Stanley and Soci t G n rale are acting as joint equity capital markets advisors in connection with the proposed distribution of Technip Energies shares to the holders of TechnipFMC shares upon completion of the separation.

Credit Agricole Corporate and Investment Bank is also acting in a supporting role.

About Technip Energies ( SpinCo )

With approximately 15,000 employees, Technip Energies would be one of the largest engineering and technology companies globally, with leadership positions in LNG, hydrogen and ethylene as well as growing market positions in sustainable chemistry and CO2 management. In addition, the new company will benefit from its robust project delivery model and extensive technology, products and services offering. The company would comprise the Technip Energies segment, including Genesis - a leader in advisory services and front-end engineering.

About TechnipFMC ( RemainCo )

With approximately 21,000 employees, TechnipFMC would be the largest diversified pure play in the industry. The Company's role will be to support clients in the delivery of unique, integrated production solutions. TechnipFMC will continue to transform the industry through its pioneering integrated delivery model - iEPCI , technology leadership and digital innovation.

Important Information for Investors and Securityholders

Forward-looking statements

This release contains forward-looking statements as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Words such as expect, plan, intend, would, will, and similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, and include any statements with respect to the potential separation of the Company into TechnipFMC and Technip Energies, the expected financial and operational results of TechnipFMC and Technip Energies after the potential separation and expectations regarding TechnipFMC's and Technip Energies' respective capital structures, businesses or organizations after the potential separation. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the U.S. Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, our filings with the Autorit des march s financiers or the U.K. Financial Conduct Authority, as well as the following:

risks associated with disease outbreaks and other public health issues, including the coronavirus disease 2019 ( COVID-19 ), their impact on the global economy and the business of our company, customers, suppliers and other partners, changes in, and the administration of, treaties, laws, and regulations, including in response to such issues and the potential for such issues to exacerbate other risks we face, including those related to the factors listed or referenced below;

risks associated with the impact or terms of the potential separation;

risks associated with the benefits and costs of the potential separation
LINK: https://www.technipfmc.com/en/media/press-releases/2021/01/technipfmc-...
See more stories from fmc

North America Stories

19/04/2024

OpenDrives New Software-Defined Platform Atlas Wins 2024 NAB Show Product of the Year Award

OpenDrives New Software-Defined Platform Atlas Wins 2024 NAB Show Product of the...

19/04/2024

Grass Valley Showcases Next-Generation T3 Series 4K/HD Digital Recording and Playback for Venues and Stadiums

Grass Valley Showcases Next-Generation T3 Series 4K/HD Digital Recording and Pla...

19/04/2024

NiTRo's M-CUBE Studio Levels Up Esports Productions with AJA Gear

NiTRo's M-CUBE Studio Levels Up Esports Productions with AJA Gear Brie Clayton April 19, 2024 0 Comments Esports' rapid rise to popularity can...

19/04/2024

Blackmagic Design Announces DaVinci Resolve 19

Blackmagic Design Announces DaVinci Resolve 19 Brie Clayton April 19, 2024 0 Comments Major update adds new DaVinci Neural Engine AI tools, new color ...

19/04/2024

Sony Considering Bid to Acquire Paramount

Sony Pictures Entertainment is reportedly in talks with Apollo Global Management to make a bid to acquire Paramount which itself is currently discussing a merge...

19/04/2024

CBS Stations Launches CBS News California Investigates' Segments

CBS Stations has launched CBS News California Investigates , with Julie Watts named regional CBS California correspondent. She will uncover and raise awarenes...

19/04/2024

MediaCo Acquires Estrella Media's Spanish-Language Network, Content Assets

MediaCo Holding, which owns radio stations WQHT (Hot 97) and WBLS in New York, said it acquired Estrella Media's Spanish-language video, audio and digital c...

19/04/2024

Season 5 of The Witcher' Will Be Final One

Netflix has ordered season five of fantasy drama The Witcher, which will be the final season. Production has recently begun on season four, and the two remainin...

19/04/2024

DirecTV Stream To Carry Eight More The CW Affiliates

DirecTV Stream said it added eight more The CW affiliates to its lineup on Thursday....

19/04/2024

CBS Orders More Elsbeth'

CBS has renewed Elsbeth for the 2024-2025 season. The drama, with Carrie Preston in the lead role, debuted February 29....

19/04/2024

With Bears on the Clock. NBCU Local Chicago Plans Extensive NFL Draft Coverage

With the Bears picking first, NBCUniversal Local's properties in Chicago plan extensive coverage of the NFL draft next week....

19/04/2024

Comcast Launches NOW

PHILADELPHIA As government subsidies for broadband services come to an end, Comcast has launched NOW, a new product portfolio of lower-cost Internet, mobile and...

19/04/2024

DirecTV Stream Adds CW Affiliates

DirecTV Stream has added more local CW stations for its streaming customers in Boston, Charlotte, Cincinnati, Cleveland, Hartford-New Haven Conn., Phoenix, San ...

19/04/2024

MediaCo Acquires Estrella Media's Content and Digital Operations

NEW YORK & LOS ANGELES MediaCo Holding Inc. has announced that it has acquired all of Estrella Media's network, content, digital, and commercial operations....

19/04/2024

Adobe Launches New Adobe Express Mobile App with Firefly AI

SAN JOSE, Calif. Adobe has announced that the all-new Adobe Express mobile app is available to all users, bringing features powered by Adobe Firefly generative ...

19/04/2024

Netflix Adds 9.3M Subs in Q1

LOS GATOS, Calif. Netflix reported another blockbuster quarter by adding 9.33 million new subscribers in Q1, 2024 as global paid memberships hit 269.6 million, ...

19/04/2024

The Current State of the Industry and the Future Impact of AI

The Current State of the Industry and the Future Impact of AI Hillary Lewis April 18, 2024 0 Comments The Entertainment Industry: How did we get here ...

19/04/2024

After Effects Tutorial Text Blur Reveal

After Effects Tutorial Text Blur Reveal Andy Ford April 18, 2024 0 Comments Here's a way to do a quick blur reveal for your text layer. Start by...

19/04/2024

Hollyland Mars M1 Enhanced Wireless Transmitter / Receiver

Hollyland Mars M1 Enhanced Wireless Transmitter / Receiver Colin Smith April 18, 2024 0 Comments This tutorial shows the new wireless transmitter rece...

19/04/2024

Resolve Fusion: Writing Expressions with Lua

Resolve Fusion: Writing Expressions with Lua Simon Ubsdell April 18, 2024 0 Comments The answer to the very frequently-asked question: what is the pro...

19/04/2024

B+C,' Next TV' Announce Winners of Best of Show Awards at NAB Show

B+C and Next TV have announced the winners of Best of Show Awards for the 2024 NAB Show. The awards were judged by a panel of industry experts at the convention...

19/04/2024

Cate Blanchett Narrates Nature Series on Netflix

Cate Blanchett narrates the Netflix series Our Living World, which premieres April 17. The four-part series looks at the extraordinary creatures around the glob...

19/04/2024

For All Mankind' Spinoff Is in the Works at Apple TV Plus

Apple TV Plus has a spinoff of For All Mankind in the works. It is called Star City and details the cosmonauts, engineers and intelligence officers working behi...

19/04/2024

Jacquie Walker, Longtime Buffalo Anchor, Stepping Down From Desk

Jacquie Walker, longtime anchor at WIVB Buffalo, will step down from the anchor desk. She has spent over 40 years at WIVB and her last day as an anchor is May 2...

19/04/2024

Bob Hearts Abishola' To Make Syndicated Debut This Fall

Bob Hearts Abishola will premiere in broadcast syndication this fall on such station groups as Nexstar Media Group, Sinclair, Hearst Television, Tegna, E.W. Scr...

19/04/2024

Live With Kelly and Mark' Celebrates One-Year Anniversary

Live With Kelly and Mark remains TV's top entertainment talk show as Kelly Ripa and her co-host and husband Mark Consuelo celebrate their one-year anniversa...

19/04/2024

Sean McLaughlin Named VP of News at Graham Media Group

Sean McLaughlin has been named VP of news for Graham Media Group. He had been senior VP of local news at E.W. Scripps. He will will be responsible for developi...

19/04/2024

Netflix Shares First Peek at Long-Awaited One Hundred Years of Solitude'

Netflix has shared the first trailer from One Hundred Years of Solitude, a series based on the esteemed novel by Gabriel Garc a M rquez. The streamer is on boar...

19/04/2024

Impact XT's Secret Clip-Launching Talents

By Craig Anderton Impact XT can launch clips, which is great for songwriting (see the blog post Songwriting with Impact XT). But few people realize that Impact...

18/04/2024

L3Harris to Expand and Modernize Solid Rocket Motor Manufacturing in Virginia

ORANGE COUNTY, Va., April 18, 2024 - L3Harris Technologies [NYSE:LHX] has entered into an agreement with Orange County, Virginia, to fund the expansion and mode...

18/04/2024

Achieving Air Dominance by Advancing Imaging & Designating EO/IR Capabilities

L3Harris Sky Warden multi-mission aircraft, equipped with the WESCAM MX-15 and WESCAM MX-20 EO/IR sensor systems, was selected for USSOCOMs Armed Overwatch prog...

18/04/2024

US Space Force Extends Partnership with L3Harris to Enhance Space Domain Awareness

MELBOURNE, Fla., April 18, 2024 - L3Harris Technologies (NYSE:LHX) has received ...

18/04/2024

2024 NAB Show Attendance Topped 61,000

LAS VEGAS The National Association of Broadcasters is reporting that more than 61,000 people attended the 2024 NAB Show, where artificial intelligence and the c...

18/04/2024

Krisha Marcano Announced as Dean of Theater for Boston Conservatory at Berklee

Krisha Marcano Announced as Dean of Theater for Boston Conservatory at Berklee The theater educator, choreographer, and performer will join Boston Conservator...

18/04/2024

Dyn Media and NEP Germany pioneer new frontier in remote...

In August 2023, Dyn Media launched as a new broadcaster in European sports, aimed at giving sports beyond football the exposure and viewership they deserve. The...

18/04/2024

Hitomi partners with ES Broadcast Hire for US rentals

Hitomi Broadcast, market leader in audio/video alignment and latency tools based in the UK, has signed a partnership deal with global broadcast rental specialis...

18/04/2024

Vislink's DragonFly V - The Company's Smallest-Ever Transmitter Debuted at NAB 2024

Vislink's DragonFly V - The Company's Smallest-Ever Transmitter Debuted ...

18/04/2024

MediaSilo to Offer Camera to Cloud with Atomos

MediaSilo to Offer Camera to Cloud with Atomos Brie Clayton April 17, 2024 0 Comments Integration between MediaSilo and Atomos Cloud Studio unlocking ...

18/04/2024

MultiDyne Updates its SilverBULLET Series to Serve More Fiber-Optic Links

MultiDyne Updates its SilverBULLET Series to Serve More Fiber-Optic Links Brie Clayton April 17, 2024 0 Comments MultiDyne Fiber Optic Solutions intro...

18/04/2024

Cinedeck Partners with Paramount to Revolutionize Content Delivery Process

Cinedeck Partners with Paramount to Revolutionize Content Delivery Process Brie Clayton April 17, 2024 0 Comments Cinedeck, a pioneer in integrated de...

18/04/2024

Unreal for video adding rocks and foliage

Unreal for video adding rocks and foliage Graham Quince April 17, 2024 0 Comments Welcome to my series on learning Unreal Engine for After Effects u...

18/04/2024

Best Budget Beginner-Friendly 4k Drone

Best Budget Beginner-Friendly 4k Drone Sean Alami April 17, 2024 0 Comments Potensic Atom 4k 3 axis Gimbal Drone, ideal drone for beginners. Some con...

18/04/2024

Race or Just Have Fun at Rocky Mount Mills for a Good Cause, Not Your Run of the Mill 5K

Rocky Mount Mills will be overflowing with runners, families and friends, all fo...

18/04/2024

Berklee's Yoon-Ji Lee Receives Guggenheim Fellowship

Berklee's Yoon-Ji Lee Receives Guggenheim Fellowship Lee, an assistant professor of composition, creates music based on unconventional and nonlinear struc...

18/04/2024

Ben Sherwood, Former ABC President, Named CEO at The Daily Beast

Ben Sherwood, former president of Disney ABC Television Group, has been named CEO and publisher at The Daily Beast. Joanna Coles, former chief content officer a...

18/04/2024

Wide Open: NVIDIA Accelerates Inference on Meta Llama 3

NVIDIA today announced optimizations across all its platforms to accelerate Meta Llama 3, the latest generation of the large language model (LLM). The open mod...

18/04/2024

Ping Pong for the Masses: Bringing an Old Sport to a Brand New Audience With World Table Tennis

Ping pong for the masses: Bringing an old sport to a brand new audience with Wor...

18/04/2024

Fanatical Fans: IMG on Bringing the World of Table Tennis to a New Global Audience for WTT

Fanatical fans: IMG on bringing the world of table tennis to a new global audien...

18/04/2024

Netflix Follows Dallas Cowboys Cheerleaders in New Series

Back to All News Netflix Follows Dallas Cowboys Cheerleaders in New SeriesPlay Video Play Video Entertainment 18 April 2024 GlobalUnited States Link copie...

18/04/2024

Chinese-Language Revenge Thriller Series The Resurrected' Marks International Film Stars Shu Qi and Sinje Lee's Debut on Netflix

Back to All News Chinese-Language Revenge Thriller Series The Resurrected'...