TechnipFMC Scores ConocoPhillips Contract

Tuesday, April 23, 2019
(Photo: ConocoPhillips)

TechnipFMC said it has been awarded an 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.

The deal is worth between $75 million and $250 million, TechnipFMC said in a press release on Tuesday.

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, said, “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.”

Categories: Contracts Engineering Europe Shallow Water

Related Stories

Oceaneering Upgrades Survey Vessel for Simultaneous Autonomous Missions

Oceaneering Upgrades Survey Vessel for Simultaneous Autonomous Missions

Mitsui, MOL Buy Port of Nigg and Energy Firms from Global Energy Group

Mitsui, MOL Buy Port of Nigg and Energy Firms from Global Energy Group

Kongsberg Maritime, Noble Corp to Jointly Advance Offshore Drilling Tech

Kongsberg Maritime, Noble Corp to Jointly Advance Offshore Drilling Tech

Current News

Nippon Steel to Supply Material for Vestas Wind Towers

Energean Invests in Croatian Gas Field in Adriatic Sea

Japan Designates Hokkaido Sites for Offshore Wind Auctions

Oceaneering Upgrades Survey Vessel for Simultaneous Autonomous Missions

Subscribe for OE Digital E‑News

Offshore Engineer Magazine