Technip SA climbed the most on record in Paris trading after orders received by Europe’s largest oilfield-services provider exceeded analyst expectations.
The order intake was 2.8 billion euros ($3.1 billion) in the fourth quarter, bringing its backlog to 17 billion euros at the end of the year, Paris-based Technip said Thursday in a statement. The company kept its dividend unchanged while increasing its net cash position to 1.94 billion euros.
Brazil Energy Insight 
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