TechnipFMC Awarded Significant iEPCI™ for OMV’s Berling Gas Development
29 Junho 2023 - 5:15PM
Business Wire
TechnipFMC (NYSE: FTI) has been awarded a significant(1)
integrated Engineering, Procurement, Construction, and Installation
(iEPCI™) contract by OMV (Norge) AS for its Berling gas development
project. It will be OMV’s first iEPCI™ project in Norway as
operator.
TechnipFMC will design and install the subsea production
systems, controls, pipelines, and umbilicals for the development on
the Norwegian Continental Shelf.
The award follows a six-month integrated Front End Engineering
and Design (iFEED™) study, which optimized the field layout and
improved the project’s economics by confirming the suitability of
thermally insulated pipe-in-pipe technology for the flowline used
in this tieback.
Jonathan Landes, President, Subsea at TechnipFMC, commented:
“We’re proud to have OMV join the growing number of clients who are
experiencing the benefits of our integrated project execution
model. Through iFEED™, we demonstrated that iEPCI™ provides a
solution which will accelerate delivery of this development. We are
excited to support OMV through its first project as operator in the
North Sea.”
(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 2023.
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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 20,000 employees is driven by a
commitment to our clients’ success, and a culture of strong
execution, purposeful innovation, and challenging industry
conventions.
TechnipFMC uses its website as a channel of distribution of
material company information. To learn more about how we are
driving change in the industry, go to www.TechnipFMC.com and follow
us on Twitter @TechnipFMC.
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