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Press Release

TechnipFMC Donates $100,000 to Support Cyclone Idai Relief Efforts in Mozambique

March 22, 2019

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Mar. 22, 2019-- TechnipFMC (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982) announced today a donation of $100,000 to assist disaster relief and recovery efforts following Cyclone Idai, which made landfall in Mozambique on March 14.

The funds will be contributed to the Red Cross for ongoing rescue efforts and for shelter and basic commodities for the victims.

TechnipFMC employees in Mozambique have all been reported safe.

Doug Pferdehirt, CEO of TechnipFMC, stated: “We are deeply affected by the terrible events and our priority is to support those impacted in Mozambique, and to join efforts with local authorities. This donation to the Red Cross reinforces our commitment to the communities in which we live and work. Our teams are supporting those struck by the devastation, and I am very proud of the solidarity demonstrated by our colleagues”.

Present since 2014 in Mozambique, TechnipFMC is committed to the country’s long-term, sustainable development. Last month, TechnipFMC and ENHL (National Hydrocarbon Company – Mozambique’s National Oil Company Logistic subsidiary) inaugurated the opening of new offices in Mozambique, in the heart of the capital city, Maputo. The new headquarters was set up further to the creation of a joint-venture agreement between TechnipFMC and ENHL. The ENHL-TechnipFMC Mozambique Lda Company is aimed at building the first engineering company in the Mozambican oil and gas industry with the development of national content as a major priority.

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Important Information for Investors and Securityholders

Forward-Looking Statement

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. The words “believe”, “estimated” and other 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. 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 United States 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. 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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About TechnipFMC

TechnipFMC 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.

 

Source: TechnipFMC

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