TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation (iEPCI) contract from ConocoPhillips for the TOR II development, the company said on April 23.
The TOR II development is located in the Norwegian sector of the North Sea at a water depth of 80 m (262 ft).
This contract covers the delivery and installation of a subsea production system including installation of umbilical, rigid flowlines and associated subsea equipment.
“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,” Arnaud Pieton, president subsea at TechnipFMC, said.
For TechnipFMC, a “significant” contract ranges between $75 million and $250 million.
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