LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Oct. 22, 2019-- TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract by Shell for the Perdido Phase 2 development, located in the Gulf of Mexico.
The contract covers the delivery and installation of subsea equipment, including flexible flowlines, flexible jumpers, steel flying leads, electrical flying leads, and will utilize compact manifold technology, with the Subsea 2.0 In-Line Compact Manifold(1).
Arnaud Piéton, President Subsea at TechnipFMC, commented: “We are extremely pleased to have been selected by Shell for the Perdido Phase 2 development which is incorporating our latest generation of subsea equipment. This award once again confirms our leadership position in complete subsea developments, through early engagement with iFEED™ (integrated FEED) studies and realizing the full scope through an integrated EPCI (iEPCI™). We are looking forward to further support Shell in unlocking benefits through our integrated offering.”
(1)The Subsea 2.0 In-Line Compact Manifold recently received a Spotlight on New Technology Award at the Offshore Technology Conference.
Note: this inbound order was included in the Company’s second quarter financial results.
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About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
To learn more about us and how we are enhancing the performance of the world’s energy industry, go to TechnipFMC.com and follow us on Twitter @TechnipFMC.
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Source: TechnipFMC
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