Technip — a key vessel employer and often viewed as the healthiest contractor in subsea — turned in third-quarter revenue of EUR 3.1bn, about 8% ahead of the market consensus, and earnings before interest and tax (EBIT) of EUR 292m ($320.5m) — around 11% ahead of consensus.

Technip says net profit of EUR 163.9m was a 24.5% rise on the same quarter last year, while the EUR 3.1bn