TechnipFMC Plc said TotalEnergies SE had awarded the company a “significant” subsea contract for a project in presalt Brazil.
The value of the contract was not disclosed, but for TechnipFMC a significant contract is between $75 million and $250 million, according to the company press release on Sept. 14.
“The Brazilian offshore market is becoming more diverse with regard to work scope and customer opportunity,” commented Jonathan Landes, president, subsea, at TechnipFMC.
The contract is for engineering, procurement, construction and installation (EPCI) work at TotalEnergies’ Lapa North East field in the presalt Santos Basin offshore Brazil.
TotalEnergies had acquired 35% interest in the Lapa Field along with operatorship as part of a transfer of rights transaction with Petrobras in 2018. Other partners in the Lapa Field located in Block BM-S-9A include Shell Plc (30%), Repsol-Sinopec (25%) and Petrobras (10%).
“On Lapa North East,” Landes continued in his statement on Sept. 14, “we are working with a valued client with whom we have built a trusted relationship. By offering the flexibility of a phased campaign, we are helping TotalEnergies accelerate its schedule and begin production sooner.”
As part of the EPCI contract award, TechnipFMC will reconfigure and install umbilicals and flexible pipe in a new configuration that will further secure the production of the field.
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