TechnipFMC Awarded Significant Subsea Project by Equinor

TechnipFMC has been awarded a significant⁽¹⁾ contract for the subsea production system for Equinor’s Verdande project on the Norwegian Continental Shelf.

The contract – awarded under TechnipFMC’s framework agreement with Equinor – covers the complete subsea production system including subsea trees and structures, control systems, connections, tooling, and installation support.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “This latest contract highlights the close relationship we have with Equinor under the framework agreement. We are delighted that Equinor is once again placing trust in our technology.”

⁽¹⁾ For TechnipFMC, a “significant” contract is between $75 million and $250 million.