“As we mentioned, the pricing for the full year will be about 4% relative to the five in the fourth quarter or in the third quarter rather, and the mix will also have an effect there as we close out the year.”

In context

“l approach to every market. But certainly, the collaboration and the incentives for our sales organizations to collaborate have improved over the last six months. Operator: Next question will be from Chris Snyder from UBS. Please go ahead. Chris Snyder: And congrats on a strong quarter. I guess I wanted to follow up on some of the prior conversation and communication on margins. If our math right, the guide seems to imply a pretty material sequential decline in margins into the fourth quarter despite a step-up in revenue. I guess, is that right? And what's driving that? Pete Lilly: Yes. We will see a decline in margin in the fourth quarter. And if you think about the third quarter that was driven by price and leverage, both of those things will be a little bit lower in the fourth quarter. As we mentioned, the pricing for the full year will be about 4% relative to the five in the fourth quarter or in the third quarter rather, and the mix will also have an effect there as we close out the year. Chris Snyder: I appreciate that. And then just maybe I was looking for some more color on the pipeline of big process projects. Are there some concern in the market that with oil and gas kind of commodities down pretty well off the high, and that includes LNG that there could be some slowdown or pressure on these projects seem to have really good momentum on there. So can you just maybe talk about what you're seeing there and particularly on the traditional energy and the LNG side? Lal Karsanbhai: Yes. I'll make a couple of comments, and if Rob wants to add color here. Look, the bulk of what we're seeing is gas. It's not oil where we do see activity in the oils around sustainability, conversions, carbon capture, et cetera, and emissions reduction. But it's the gas activity that I think is”