11:54 AM EST, 11/04/2024 (MT Newswires) -- TechnipFMC ( FTI ) and Prysmian said Monday they will work together to accelerate the global development of floating offshore wind to help meet rising renewable electricity demand.

The collaboration aims to provide a complete water column product, from seabed to ocean surface, the companies said.

TechnipFMC ( FTI ) shares were up 1.5% in recent trading.

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