- TechnipFMC ( NYSE: FTI ) said Thursday it was awarded a "significant" contract by Shell ( SHEL ) for engineering, procurement, construction and installation services at the Jackdaw development in the U.K. North Sea; the company considers a a "significant" contract in the $75M-$250M range.
- TechnipFMC ( FTI ) said the contract covers pipelay for a 30-km tieback from the new Jackdaw platform to Shell's Shearwater platform, as well as an associated riser, spoolpieces, subsea structures and umbilicals.
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TechnipFMC wins 'significant' contract for Shell's Jackdaw project