TechnipFMC signs major subsea contract with Petrobras











Photo credit © Technip


(Boursier.com) — TechnipFMC won a major subsea engineering, procurement, construction and installation (EPCI) contract from Petrobras for its Búzios 6 field (module 7), a greenfield development in the pre-salt zone. The contract covers flexible and rigid pipes, umbilicals, pipeline end terminals, rigid jumpers, umbilical termination assemblies and a mooring system.

“The flexible pipe, umbilicals and subsea structures, as well as part of the rigid pipe, will be manufactured in Brazil using the skills and competencies the company has developed in the country, while minimizing the footprint carbon associated with transport and installation. The project will also use our established and qualified Brazilian supply chain” comments the group.

(1) For TechnipFMC, a “big” contract is between $500 million and $1 billion.


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