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TechnipFMC secures subsea contracts from Petrobras for Brazil’s pre-salt fields

TechnipFMC has been awarded two significant subsea contracts by Petrobras to support Brazil’s pre-salt offshore fields. The first contract, valued between US$250 million and US$500 million, involves the design, engineering, and manufacturing of riser flexible pipe. It also includes associated...

Guyana to take 35% of TechnipFMC’s subsea tree supply through 2029 – Rystad Energy

TechnipFMC is expected to supply 400 subsea trees in the period 2024-2029, with 35% for ExxonMobil’s developments in Guyana. Highlighting this in an August 12 release, Rystad Energy indicated that Guyana and Brazil will account for 57% of the supply...

TechnipFMC Q2 earnings surge on Whiptail contract boost

TechnipFMC reported a significant earnings boost in the second quarter, driven by strong operational performance and key project awards, including the Whiptail project in Guyana. The company’s total revenue reached US$2,325.6 million, with net income at US$186.5 million, or...

TechnipFMC secures major subsea contract for Exxon’s Whiptail project

TechnipFMC has been awarded a large contract in Guyana’s Stabroek Block by ExxonMobil Guyana to supply subsea production systems for the Whiptail project. The contract value is between US$500 million and US$1 billion. This follows the greenlighting of the project...

TechnipFMC gets ‘significant’ Gulf of Mexico contract from bp

TechnipFMC said it has been awarded a significant contract by bp for its Argos Southwest Extension project in the Mad Dog field. Significant contracts, according to TechnipFMC, are valued between US$75 million and US$250 million. Guyana among major oil producers driving...

Petrobras-led group makes order with TechnipFMC valued over US$1 billion

TechnipFMC announced a major integrated engineering, procurement, construction, and installation (iEPCI™) contract awarded by Petrobras. This contract, valued over US$1 billion, is for the Mero 3 HISEP® project, an endeavor utilizing subsea processing to capture and inject carbon dioxide-rich...

TechnipFMC secures “significant contract” to supply flexible pipes for Petrobras’ pre-salt fields

TechnipFMC has announced that it has been awarded a substantial contract to provide flexible pipes to Petrobras for use in the pre-salt fields located offshore Brazil. In TechnipFMC's terms, a "significant" contract typically falls within the range of US$75...

OMV recruits TechnipFMC for iEPCI job on Berling gas project offshore Norway

OMV (Norge) AS has chosen TechnipFMC to undertake a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for its Berling gas development project. This marks OMV's first iEPCI™ project in Norway as an operator, and TechnipFMC will be...

TechnipFMC to provide subsea production systems for Australia gas fields

TechnipFMC has signed a 20-year framework agreement with Chevron Australia Pty Ltd, under which TechnipFMC may provide Subsea 2.0™ configure-to-order subsea production systems for gas field developments off Australia’s northwest coast. The agreement covers the supply of wellheads, tree systems,...

Woodside hires TechnipFMC for Australia tiebacks

TechnipFMC has been awarded a significant contract by Woodside Energy to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development, offshore Western Australia. The Company will tie back four subsea gas wells in the...

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Guyanese soldiers repeatedly attacked by armed men on Venezuelan shore during river patrols on Wednesday

The Guyana Defense Force (GDF) said on Thursday that its troops came under attack by armed men in civilian...