The loss of TechnipFMC under GAAP for 3 months of 2022 amounted to $155.7 million, against a profit of $368.2 mln in the previous year. Revenues decreased by 4.7% to $1.556 billion from $1.632 billion a year earlier.

Net income of TechnipFMC under GAAP for 2021 was $0.013 billion, against a loss of $3.288 billion in the previous year. Revenue declined 1.9% to $6.404 billion from $6.531 billion a year earlier.

TechnipFMC's GAAP net income for 9M 2021 was $0.169 billion, compared to a loss of $3.248 billion in the previous year. Revenue declined 1% to $4.88 billion from $4.93 billion a year earlier.

TechnipFMC acquires the remaining 49% stake in TIOS AS, which is a joint venture with Island Offshore Management. TIOS provides light well intervention services, including project management and engineering for plugging and abandonment. Terms of the deal were not disclosed.