TechnipFMC has won a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract from Shell for the Gato do Mato greenfield development offshore Brazil.
The project will incorporate TechnipFMC’s Subsea 2.0® configure-to-order subsea production systems, streamlining project management through a single interface and expediting first oil.
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Jonathan Landes, President of Subsea at TechnipFMC, stated, “Throughout our 30-year partnership with Shell, we have built an overwhelmingly strong record of delivery. Our success in integrating and industrializing innovative solutions gives us the utmost confidence in providing the schedule certainty Shell requires for this flagship project offshore Brazil.”
The contract, valued at over US$1 billion, will be recorded in TechnipFMC’s inbound orders for the first quarter of 2025.
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