TechnipFMC bags Brazil deal

Statoil has awarded TechnipFMC an EPCI contract offshore Brazil, the engineering major said on Thursday.

The work at the Peregrino phase 2 project in the Campos Basin, scheduled to start in 2019, covers the installation of a subsea pipeline connection that would link a new production platform to the existing platform on site, the statement added. The value of the deal was not disclosed.

“We are extremely honoured and proud to have been selected to execute this project, in addition to the previously awarded surface trees package for Peregrino phase 2,” said Hallvard Hasselknippe, TechnipFMC’s president for subsea projects. “This reinforces the long-standing relationship between Statoil and TechnipFMC, which we will continue to strengthen through future Brazilian projects.”

Recent Posts

Petronas makes discovery off Suriname

Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More

8 hours ago

Japan’s JERA slates $32 billion for LNG, renewables, new fuels

Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More

9 hours ago

Chevron planning UK North Sea exit

Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More

10 hours ago

Seatrium wins yet more FPSO work in Guyana

Seatrium has been awarded a contract by SBM Offshore for the topsides fabrication and integration of an additional FPSO vessel… Read More

17 hours ago

Diamond Offshore seals $350-million Gulf of Mexico deal

Diamond Offshore has secured a USD 350-million extension for an ultra-deepwater drillship deployed for Anadarko Petroleum in the US Gulf… Read More

23 hours ago

ExxonMobil makes deepwater discovery off Angola

ExxonMobil has made a discovery in the Angolan deepwater, the country's energy regulator announced on Monday Read More

1 day ago

This website uses cookies.