TechnipFMC Wins Significant Contract From ConocoPhillips

April 24, 2019 Oil & Gas Blog No Comments
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Graphic for News Item: TechnipFMC Wins Significant Contract From ConocoPhillips

TechnipFMC bagged a significant contract, between $75 million and $250 million, from ConocoPhillips TOR II Development

TechnipFMC announced today that, company has been awarded a significant 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.

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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”.

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