TechnipFMC to Present at the Scotia Howard Weil 47th Annual Energy Conference
25 Mars 2019 - 7:15AM
Business Wire
Regulatory News:
TechnipFMC (NYSE:FTI) (PARIS:FTI) announced today that Doug
Pferdehirt, Chief Executive Officer, will address attendees on
Monday, March 25, at 10:55 a.m. CDT at the Scotia Howard Weil 47th
Annual Energy Conference in New Orleans.
During the presentation, Mr. Pferdehirt will provide Company
expectations for integrated EPCI (iEPCI™) awards in 2019 as well as
commentary related to client reception to Subsea 2.0™ technologies,
including the following items:
- The Company anticipates that iEPCI™
awards are likely to exceed 25 percent of total Subsea inbound
orders in 2019; and
- The Company has included Subsea 2.0™
technologies in 60 percent of all Subsea FEED studies undertaken
since January 2018.
Event: Scotia Howard Weil 47th Annual Energy
Conference March 24 – 27, 2019 Location: The Roosevelt Hotel
130 Roosevelt Way New Orleans, LA 70112
There will not be a webcast of the presentation. Presentation
slides can be accessed on the Investor Relations website.
About TechnipFMCTechnipFMC is a global leader in subsea,
onshore/offshore, and surface projects. With our proprietary
technologies and production systems, integrated expertise, and
comprehensive solutions, we are transforming our clients’ project
economics.
We are uniquely positioned to deliver greater efficiency across
project lifecycles from concept to project delivery and beyond.
Through innovative technologies and improved efficiencies, our
offering unlocks new possibilities for our clients in developing
their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady
commitment to clients and a culture of purposeful innovation,
challenging industry conventions, and rethinking how the best
results are achieved.
To learn more about us and how we are enhancing the performance
of the world’s energy industry, go to TechnipFMC.com and follow us
on Twitter @TechnipFMC.
This communication 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 “guidance,”
“confident,” “believe,” “expect,” “anticipate,” “plan,” “intend,”
“foresee,” “should,” “would,” “could,” “may,” “will,” “likely,”
“predicated,” “estimate,” “outlook” and similar expressions are
intended to identify forward-looking statements, which are
generally not historical in nature. 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, including
the following known material factors:
- the remedial measures to address our
material weaknesses could be insufficient or additional issues
relating to disclosure controls and procedures or internal control
over financial reporting could be identified;
- unanticipated changes relating to
competitive factors in our industry;
- demand for our products and services,
which is affected by changes in the price of, and demand for, crude
oil and natural gas in domestic and international markets;
- our ability to develop and implement
new technologies and services, as well as our ability to protect
and maintain critical intellectual property assets;
- potential liabilities arising out of
the installation or use of our products;
- cost overruns related to our fixed
price contracts or asset construction projects that may affect
revenues;
- our ability to timely deliver our
backlog and its effect on our future sales, profitability, and our
relationships with our customers;
- our reliance on subcontractors,
suppliers and joint venture partners in the performance of our
contracts;
- our ability to hire and retain key
personnel;
- piracy risks for our maritime employees
and assets;
- the potential impacts of seasonal and
weather conditions;
- the cumulative loss of major contracts
or alliances;
- U.S. and international laws and
regulations, including environmental laws and regulations, that may
increase our costs, limit the demand for our products and services
or restrict our operations;
- disruptions in the political,
regulatory, economic and social conditions of the countries in
which we conduct business;
- risks associated with The Depository
Trust Company and Euroclear for clearance services for shares
traded on the NYSE and Euronext Paris, respectively;
- the United Kingdom’s proposed
withdrawal from the European Union;
- risks associated with being an English
public limited company, including the need for court approval of
“distributable profits” and stockholder approval of certain capital
structure decisions;
- our ability to pay dividends or
repurchase shares in accordance with our announced capital
allocation plan;
- compliance with covenants under our
debt instruments and conditions in the credit markets;
- a downgrade in the ratings of our debt
could restrict our ability to access the debt capital markets;
- the outcome of uninsured claims,
litigation, and government investigations against us;
- the risks of currency exchange rate
fluctuations associated with our international operations;
- significant merger-related costs;
- risks related to our acquisition and
divestiture activities;
- failure of our information technology
infrastructure or any significant breach of security, including
related to cyber attacks, and risks related to compliance with data
security and privacy obligations;
- risks that the legacy businesses of FMC
Technologies, Inc. and Technip S.A. will not be integrated
successfully or that the combined company will not realize
estimated cost savings, value of certain tax assets, synergies and
growth or that such benefits may take longer to realize than
expected;
- risks associated with tax liabilities,
changes in U.S. federal or international tax laws or
interpretations to which they are subject; and
- such other risk factors set forth in
our filings with the United States Securities and Exchange
Commission and in our filings with the Autorité des marchés
financiers or the U.K. Financial Conduct Authority.
We caution you not to place undue reliance on any
forward-looking statements, which speak only as of the date hereof.
We undertake no obligation to publicly update or revise any of our
forward-looking statements after the date they are made, whether as
a result of new information, future events or otherwise, except to
the extent required by law.
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Investor relationsMatt SeinsheimerVice President Investor
RelationsTel: +1 281 260 3665Email: Matt Seinsheimer
Phillip LindsayDirector Investor Relations (Europe)Tel: +44 (0)
20 3429 3929Email: Phillip Lindsay
Media relationsChristophe BelorgeotSenior Vice President
Corporate EngagementTel: +33 1 47 78 39 92Email: Christophe
Belorgeot
Delphine NayralDirector Public RelationsTel: +33 1 47 78 34
83Email: Delphine Nayral