TechnipFMC Chairman and CEO Doug Pferdehirt exudes confidence.

The subsea powerhouse doubled its subsea inbound orders to $1.5 billion in first-quarter 2021 compared to the previous quarter thanks to increased adoption of Subsea 2.0 technologies. Based on the belief that subsea activity will continue rising this year as global recovery leads to sustained growth, its top executive now anticipates TechnipFMC’s subsea inbound orders will surpass $4 billion by year’s end.

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