TechnipFMC has been awarded a significant EPCI contract by Equinor on Oct. 19 for the Breidablikk pipelay, including option for the subsea installation scope located in the area close to the Grane Field, North Sea.
The Breidablikk project is a tie-back to the existing Grane platform. TechnipFMC’s scope includes provision of flexible jumpers and rigid pipelines as well as pipeline installation work.
“We have collaborated closely with Equinor in order to optimize the solutions and methodology for the pipelay installation. We are honored to once again be selected by Equinor to create value with our products and services offering,” Jonathan Landes, president subsea at TechnipFMC, said.
The Breidablikk development is subject to final approval by the Norwegian authorities.
For TechnipFMC, a “significant” contract ranges between $75 million and $250 million.
Recent oil and gas finds in the Caribbean Sea—Guyana, Suriname, and Trinidad and Tobago—are encouraging producers to expand the exploration and development area in the region.
Oil production rose 61,000 bbl/d in North Dakota and 315,000 bbl/d in the offshore Gulf of Mexico, offsetting cuts in Texas, where output fell 60,000 bbl/d.
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