Monday, 08 January 2024 14:36

TechnipFMC Bags $1B Contract with Petrobras

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TechnipFMC has been awarded a “significant” integrated engineering, procurement, construction and installation (iEPCI) contract by Petrobras for the delivery of the Mero 3 HISEP project in Brazil’s pre-salt fields. The contract covers the design, engineering, fabrication and installation of subsea equipment, including manifolds, pipelines, umbilicals, distribution and field service life. The contract is worth more than $1 billion and complies with research and development guidelines set by Petrobras. TechnipFMC has advanced the qualification of the core technologies required to fully subsea deliver the HISEP process, including gas separation systems and dense gas pumps.

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