TechnipFMC Wins Key Flexible Pipe Contract for Azule's Greater PAJ Project
Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Oil & Gas Stocks · Energy
Sentiment
Positive
Importance
7
Price
$67.39
Mkt Cap
$26.869B
52W Low
$31.88
52W High
$77.78
52W Position
111% above low
Off High
13% below high
Rel. Volume
1.0× avg
Market data snapshot near publication time
FTI has more than doubled off its 52-week low of $31.88.
Summary
TechnipFMC has secured a contract to supply flexible pipes for Azule Energy's Greater PAJ Project offshore Angola. This new business win follows the company's strong first-quarter results and a recent subsea project award in Suriname. The contract reinforces TechnipFMC's market position in subsea production systems and adds to its order backlog.
At the time of this announcement, FTI was trading at $67.39 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $26.9B. The 52-week trading range was $31.88 to $77.78. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.
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FTI - Latest Insights
FTI
Sep 15, 2026, 4:15 PM EDT
Price at Filing:
$74.97
Real-time Price:
$68.82
Change:
-$6.15 (-8%)
Market Cap:
$26.989B
FTI
Aug 11, 2026, 4:15 PM EDT
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$75.31
Real-time Price:
$68.82
Change:
-$6.49 (-9%)
Market Cap:
$26.989B
FTI
Jul 30, 2026, 4:01 PM EDT
Price at Filing:
$68.92
Real-time Price:
$68.82
Change:
-$0.100 (-0.15%)
Market Cap:
$26.989B
FTI
Jul 30, 2026, 6:46 AM EDT
Price at Filing:
$71.60
Real-time Price:
$68.82
Change:
-$2.78 (-4%)
Market Cap:
$26.989B
FTI
Jul 30, 2026, 6:45 AM EDT
Price at Filing:
$71.60
Real-time Price:
$68.82
Change:
-$2.78 (-4%)
Market Cap:
$26.989B