TechnipFMC has been awarded a significant(1) contract for the subsea production system for Equinor’s Verdande project on the Norwegian Continental Shelf.

The contract – awarded under TechnipFMC’s framework agreement with Equinor – covers the complete subsea production system including subsea trees and structures, control systems, connections, tooling, and installation support.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “This latest contract highlights the close relationship we have with Equinor under the framework agreement. We are delighted that Equinor is once again placing trust in our technology.”

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

About TechnipFMC

TechnipFMC (NYSE: FTI) is a leading technology provider to the traditional and new energies industry; delivering fully integrated projects, products, and services.
We are the energy architects. As a global leader in the traditional and renewable energy industry, TechnipFMC delivers innovative technologies, systems, and services to meet the world’s energy needs now and in the future.
TechnipFMC’s 20,000-strong team power our success – our people use their skills to design, engineer, manufacture, and install the systems used by the energy industry to access resources on land and at sea.

About Equinor

Equinor (OSE:EQNR, NYSE:EQNR), is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.