- TechnipFMC Plc (0RMV) as part of its strategy to enhance the profile and scope of its subsea fleet, is planning to sell the G1201 vessel.
- The company has entered into an MOA (Memorandum of Agreement) with a top class companion for pipeline completion using S-lay technology.
- The company expects to complete the sale in last month of the year as the agreement is subject to certain conditions precedent to complete the transaction, including the delivery of the vessel in December 2019.
- The MOA also includes partnership agreement with the buyer that would extend a five year of exclusiveness for a list of designated subsea developments in a specific area.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.