TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to supply flexible flowlines and risers by Azule Energy for the Greater PAJ development offshore Angola.

TechnipFMC will design and manufacture flexible flowlines and risers to connect wells in water depths approaching 2,000 meters to a new floating production unit.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “This award builds on expertise we have developed on large, deepwater projects in the region, including our proven flexible pipe technology. We are proud to be chosen to deliver a technically robust solution on an accelerated timeframe that creates value for our client.”

(1) For TechnipFMC, a “significant” contract is between $75 million and $250 million. This award will be included in inbound orders in the second quarter of 2026.

About TechnipFMC

TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.

With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.

Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.

Each of our approximately 21,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.

About Azule Energy

Azule Energy has a daily production above 200,000 barrels of oil. The company supports Angola in developing its energy sector and its transition to cleaner sources. Azule prioritizes sustainability, innovation, and growth, believing that investing in oïl and gas, alongside decarbonization technologies and renewable energies, can make Angola's energy system more resilient and reliable. In Namibia, Azule holds a 42.5% stake in Block 2914A (PEL85) and collaborates closely with partners to explore and develop resources in the prospective Orange Basin.