2023-05-26 06:50:21 ET
TechnipFMC ( NYSE: FTI ) said late Thursday it was awarded a "significant" integrated engineering, procurement, construction and installation contract by Shell ( SHEL ) for its Dover development in the Gulf of Mexico.
TechnipFMC ( FTI ) values a "significant" in the $75M-$250M range; the award will be included with Q2 inbound orders.
The company said it will supply the subsea tree systems in addition to the engineering, procurement, construction and installation of the umbilical, riser, and flowline systems.
The Dover development will tie back to the Appomattox platform, where TechnipFMC ( FTI ) previously supplied and installed the subsea production systems.
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For further details see:
TechnipFMC wins contract up to $250M from Shell for Gulf of Mexico project