FTI

TechnipFMC, Prysmian Enter Floating Offshore Wind Collaboration Agreement - Quick Facts

(RTTNews) - TechnipFMC (FTI) and Prysmian have signed a collaboration agreement to further accelerate the global development of floating offshore wind to help meet growing demand for renewable electricity. The companies plan to deliver the optimized solution through a fully integrated Engineering, Procurement, Construction and Installation commercial model.

Doug Pferdehirt, Chair and CEO at TechnipFMC, said: "The collaboration strengthens both companies' position in this emerging market by providing an integrated solution that accelerates time to first power and reduces cost, while improving overall system reliability."

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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