Tag Archives: TechnipFMC

World Oil: TechnipFMC lands three subsea construction projects offshore Norway

Business News, Energy,

Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installation for three projects on the Norwegian continental shelf (NCS).

The projects in scope are Breidablikk and the Gas Import System for the Snorre Expansion Project, for which contracts have been awarded, and Askeladd Vest, for which a letter of intent has been issued. The Breidablikk contract has subsea installation as an option.

The total value of the three assignments, including the option, is about NOK 1.8 billion.

“We are pleased to award TechnipFMC new large assignments within pipelaying and subsea installation on the NCS. Giving three assignments to the same supplier enables efficiency gains and cost savings. It will also allow for a coordinated follow-up of the total delivery during the implementation phase. This creates value for all parties”, says Peggy Krantz-Underland, Equinor’s chief procurement officer.

Read entire article HERE.

TechnipFMC vil kutte 700 stillinger i Norge

Business News, Energy

TechnipFMC opplyser mandag om beslutningen overfor E24.

– Vi ser at aktiviteten i markedet blir betydelig lavere de neste årene – vi snakker om en nedgang på i overkant av 30 prosent, sier kommunikasjonsdirektør Lars Ole Bjørnsrud.

Av de 3.100 som jobber i TechnipFMC i Norge vil opp til 700 nå miste jobben, opplyser selskapet. Tallet inkluderer konsulenter. Det er innkalt til allmøte tirsdag 5. mai.

Les hele saken HER. 

Press Release: TechnipFMC Awarded a Significant Integrated EPCI (iEPCI™) Contract for the ConocoPhillips TOR II Development

Business News, Energy, , , ,

LONDON & PARIS & HOUSTON–(BUSINESS WIRE)– TechnipFMC (Paris:FTI) (NYSE:FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea at a water depth of 80 meters.

This contract covers the delivery and installation of a subsea production system including installation of umbilical, rigid flowlines and associated subsea equipment.

Arnaud Pieton, President Subsea at TechnipFMC, commented: “This is the first iEPCI™ award by ConocoPhillips. Through early engagement and collaboration, with ConocoPhillips we engineered an integrated subsea solution enabling first oil sooner than with a traditional project execution. We have partnered with ConocoPhillips in the Ekofisk area on several projects and are honored that ConocoPhillips is expanding its scope with us, embracing our innovative and comprehensive approach”.

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

Read entire press release HERE.