- TechnipFMC ( NYSE: FTI ) said Tuesday it has been awarded a large integrated Engineering, Procurement, Construction, and Installation contract by Aker BP for its Utsira High development.
- The contract brings together three projects that will tie back to the Ivar Aasen and Edvard Grieg production platforms, the company said.
- TechnipFMC will engineer, procure, construct, and install the subsea production systems, controls, pipelines, and umblicals for the development for Aker BP’s first iEPCI project.
- The project follows a two-year integrated front-end engineering and design study to optimize field layout.
- For TechnipFMC, a “large” contract is between $500 million and $1 billion.
For further details see:
TechnipFMC procures "large" iEPCI contract from Aker BP