American multinational energy corporation ConocoPhillips has rewarded services firm TechnipFMC with a Global Supplier Recognition Award.
According to a press release from the UK-based oil and gas services provider, the international awards go to businesses that have made an impact on ConocoPhillips’ business and shown ‘exceptional leadership and commitment to their SPIRIT values’.
TechnipFMC was recognized in the ‘Focus on Doing Business Better’ category for its collaborative work with ConocoPhillips and other contractors in the UK.
TechnipFMC worked collaboratively with ConocoPhillips and its contractors to perform joint estimating assessment of risk for marginal field developments in the United Kingdom. This reduced the project’s cost of supply and shortened its schedule by 15 months.
Arnaud Pieton, President Subsea at TechnipFMC, commented, “We are very proud to have our performance recognized in this way by our long-standing partner ConocoPhillips. To be selected from a strong pool of international competitors is further endorsement of our skills and of our unique business offering. Congratulations to our teams for this milestone.”
Matt Fox, ConocoPhillips’ Executive Vice President and Chief Operating Officer, added, “This program is one of the ways we celebrate the efforts of our suppliers and the important role they play in helping us deliver on our operational and safety goals.”