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TechnipFMC secures FPSO design contract from BP

BP has awarded TechnipFMC the engineering design contract for the Tortue/Ahmeyim fields floating production, storage and offloading (FPSO) unit. TechnipFMC is the same company that has been awarded a contract by ExxonMobil Guyana for the engineering, manufacture and delivery of...

Bigger investments in Guyana highest learning institution needed – VC

The University of Guyana (UG) is appealing for bigger investments in order to effectively ‘prepare thousands of Guyanese’ for the country's emerging Oil and Gas (O&G) sector. So says the institution’s Vice Chancellor, Professor Ivelaw Griffith, who this past week...

UTEC secures major deal from Liza subsea contractor TechnipFMC affiliate

UTEC, a global survey company in subsea services group Acteon said it has won a contract from Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western...

TechnipFMC awarded contract for Statoil Snorre project

TechnipFMC has landed an Engineering, Procurement & Construction (EPC) contract with Statoil for its Snorre Expansion Project. It comes as the Norwegian operator confirmed an additional 25-year investment. The Snorre Expansion contract covers the delivery of subsea production systems and...

TechnipFMC says surface activity outside North America resilient

UK-based TechnipFMC says its surface activity outside of North America has been resilient, and the pricing environment has stabilized. In the company’s 3Q 2017 earnings conference call, CEO Douglas Pferdehirt, said, “The Middle East, North Africa and the North Sea...

Plexus gets green light to sell subsidiary to TechnipFMC

Plexus Holdings PLC (LON:POS) has confirmed that the proposed sale of a subsidiary business to TechnipFMC will go ahead after shareholders backed the deal. TechnipFMC has been awarded a contract by ExxonMobil for the engineering, manufacture and delivery of the...

TechnipFMC awarded subsea contract for gas project in Malaysia

TechnipFMC (NYSE: FTI) and (PARIS: FTI) has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project. The project is located in offshore Sabah, Malaysia, at a water depth of approximately...

TechnipFMC awarded EPCI contract for Statoil Peregrino Phase II project

TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation contract by Norwegian multinational oil and gas company, Statoil. It covers the execution of the subsea pipeline connection for the new production platform in Peregrino Phase II Project, located in...

TechnipFMC awarded integrated EPCI contract for Hurricane Lancaster project

TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation contract from Hurricane Energy PLC. The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Lancaster Early Production System (EPS) Project....

TechnipFMC awarded EPCI contract for Husky Energy West White Rose project

TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract from Husky Energy for the West White Rose Project in Eastern Canada. The contract covers the supply and installation of subsea equipment including tie-in manifolds, flexible flowlines, and...

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Look beyond the barrels for the success of Guyana’s oil industry – Ali 

President Irfaan Ali has urged Guyanese to measure the success of the oil industry by more than just the...