LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Mar. 1, 2019-- TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awardedby BP a large(1) contract for the engineering, procurement,construction, installation and commissioning (EPCIC) of the floatingproduction storage and offloading (FPSO) unit to be deployed offshore onthe maritime border of Mauritania and Senegal. This award is acontinuation to the FEED (front end engineering design) contract awardedin April 2018.
TechnipFMC will bring its expertise to deliver major projects,leveraging extensive experience with fabrication yards and fromsuccessful references for delivery of offshore gas monetizationfacilities such as Floating Liquid Natural Gas (FLNG), FPSO andconventional platforms.
Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business,commented: “We are honored to be entrusted with the execution ofthis prestigious contract in West Africa which is a testimonial to ourlong-term partnership with BP and our leadership in the Gas Monetizationindustry. This award is one of our strategic “early engagement” achievements, following the successful completion by TechnipFMC of theFEED study. We look forward to collaborating with BP to unlock the fullpotential of this important project”.
The initial subsea infrastructure connects the first four wellsconsolidated through production pipelines leading to this FPSO. Fromhere liquids are removed and the export gas is transported via apipeline to the LNG hub terminal where the gas is liquefied.
(1)For TechnipFMC, a “large” contract rangesbetween $500 million and $1 billion.
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TechnipFMC is a global leader in subsea, onshore/offshore, and surfaceprojects. With our proprietary technologies and production systems,integrated expertise, and comprehensive solutions, we are transformingour clients’ project economics.
We are uniquely positioned to deliver greater efficiency across projectlifecycles from concept to project delivery and beyond. Throughinnovative technologies and improved efficiencies, our offering unlocksnew possibilities for our clients in developing their oil and gasresources.
Each of our more than 37,000 employees is driven by a steady commitmentto clients and a culture of purposeful innovation, challenging industryconventions, and rethinking how the best results are achieved.
To learn more about us and how we are enhancing the performance ofthe world’s energy industry, go to TechnipFMC.com and follow us onTwitter @TechnipFMC.
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