INVESTMENTS	6 Months Ended
Jun. 30, 2025
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENTS	INVESTMENTS Our income from equity affiliates is included in our Subsea segment. During the three and six months ended June 30, 2025, our income from equity affiliates was $10.3 million and $19.7 million, respectively. Our income from equity affiliates during the three and six months ended June 30, 2024 was $2.6 million and $4.0 million, respectively. Our major equity method investment is as follows: Dofcon Brasil AS is an affiliated company in the form of a joint venture between TechnipFMC and DOF Subsea (“DOF”) and was founded in 2006. The joint venture is composed of three legal entities: Dofcon Brasil AS, Techdof Brasil AS, and Dofcon Navegacao Ltda. Dofcon Brasil AS is the joint venture holding company and is owned 50% by DOF and 50% by TechnipFMC. Dofcon Brasil AS owns 100% of both Dofcon Navegacao Ltda. and Techdof Brasil AS. All joint venture entities are collectively referred to as “Dofcon.” Dofcon provides Pipe-Laying Support Vessels for work in oil and natural gas fields offshore Brazil. We have accounted for our 50% investment using the equity method of accounting with results reported in our Subsea segment. In June 2023, Dofcon Brasil AS declared a $170.0 million dividend to its joint venture partners. In December 2023, the joint venture partners agreed to convert their outstanding dividend receivable into a long-term loan receivable from Dofcon. As a result of this conversion, our 50% share of this dividend receivable has a due date of June 26, 2028 and is included as a long-term loan receivable in other assets on our condensed consolidated balance sheets as of June 30, 2025 and December 31, 2024. In the second quarter of 2025, Dofcon Brasil AS declared and distributed a dividend of $60.0 million to its joint venture partners and we received $30.0 million as our 50% share. Dofcon Navegacao Ltda. and Techdof Brasil AS have debts related to loans on their vessels. TechnipFMC and DOF Subsea provide guarantees for the debts and our share of the guarantees was $288.8 million as of June 30, 2025.

Our income from equity affiliates is included in our Subsea segment. During the three and six months ended June 30, 2025, our income from equity affiliates was $10.3 million and $19.7 million, respectively. Our income from equity affiliates during the three and six months ended June 30, 2024 was $2.6 million and $4.0 million, respectively.

Dofcon Brasil AS is an affiliated company in the form of a joint venture between TechnipFMC and DOF Subsea (“DOF”) and was founded in 2006. The joint venture is composed of three legal entities: Dofcon Brasil AS, Techdof Brasil AS, and Dofcon Navegacao Ltda. Dofcon Brasil AS is the joint venture holding company and is owned 50% by DOF and 50% by TechnipFMC. Dofcon Brasil AS owns 100% of both Dofcon Navegacao Ltda. and Techdof Brasil AS. All joint venture entities are collectively referred to as “Dofcon.” Dofcon provides Pipe-Laying Support Vessels for work in oil and natural gas fields offshore Brazil. We have accounted for our 50% investment using the equity method of accounting with results reported in our Subsea segment.

In June 2023, Dofcon Brasil AS declared a $170.0 million dividend to its joint venture partners. In December 2023, the joint venture partners agreed to convert their outstanding dividend receivable into a long-term loan receivable from Dofcon. As a result of this conversion, our 50% share of this dividend receivable has a due date of June 26, 2028 and is included as a long-term loan receivable in other assets on our condensed consolidated balance sheets as of June 30, 2025 and December 31, 2024.

In the second quarter of 2025, Dofcon Brasil AS declared and distributed a dividend of $60.0 million to its joint venture partners and we received $30.0 million as our 50% share.

Dofcon Navegacao Ltda. and Techdof Brasil AS have debts related to loans on their vessels. TechnipFMC and DOF Subsea provide guarantees for the debts and our share of the guarantees was $288.8 million as of June 30, 2025.