{"id":732405,"date":"2023-02-16T17:10:25","date_gmt":"2023-02-16T22:10:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\/"},"modified":"2023-02-16T17:10:25","modified_gmt":"2023-02-16T22:10:25","slug":"technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\/","title":{"rendered":"TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development"},"content":{"rendered":"

<\/p>\n

TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development<\/b><\/p>\n

NEWCASTLE & HOUSTON–(BUSINESS WIRE<\/a>)–
\nTechnipFMC (NYSE: FTI) has been awarded a significant(1)<\/sup> contract for subsea production systems by Equinor for its Irpa oil and gas development on the Norwegian Continental Shelf.\n<\/p>\n

\nAwarded under the companies\u2019 framework agreement, the contract covers the supply and installation support of subsea trees, control systems, structures, and connections, as well as tooling.\n<\/p>\n

\nJonathan Landes, President, Subsea at TechnipFMC, commented: \u201cThis project will utilize our standardized production system, which was designed to meet the specific demands of the Norwegian Continental Shelf. The award demonstrates Equinor\u2019s confidence in our technology, quality, and ability to deliver. We\u2019re delighted to continue supporting them.\u201d\n<\/p>\n

(1) For TechnipFMC, a \u201csignificant\u201d contract is between $75 million and $250 million.<\/i><\/p>\n

Important Information for Investors and Securityholders<\/b><\/p>\n

\nForward-Looking Statement\n<\/p>\n

\nThis release contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words \u201cexpect,\u201d \u201cbelieve,\u201d \u201cestimated,\u201d and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.\n<\/p>\n

About TechnipFMC<\/b><\/p>\n

\nTechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.\n<\/p>\n

\nWith our proprietary technologies and comprehensive solutions, we are transforming our clients\u2019 project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.\n<\/p>\n

\nOrganized in two business segments \u2014 Subsea and Surface Technologies \u2014 we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI\u2122, iFEED\u2122 and iComplete\u2122), technology leadership and digital innovation.\n<\/p>\n

\nEach of our approximately 20,000 employees is driven by a commitment to our clients\u2019 success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.\n<\/p>\n

TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to <\/b>www.TechnipFMC.com<\/b><\/a> and follow us on Twitter @TechnipFMC.<\/b><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230216005608\/en\/<\/a><\/span><\/p>\n

Investor relations
\n<\/b>
Matt Seinsheimer
\n
Vice President, Investor Relations
\n
Tel: +1 281 260 3665
\n
Email: Matt Seinsheimer<\/a><\/p>\n

\nJames Davis
\n
Senior Manager, Investor Relations
\n
Tel: +1 281 260 3665
\n
Email: James Davis<\/a><\/p>\n

Media relations
\n<\/b>
Nicola Cameron
\n
Vice President, Corporate Communications
\n
Tel: +44 1383 742297
\n
Email: Nicola Cameron<\/a><\/p>\n

\nCatie Tuley
\n
Director, Public Relations
\n
Tel: +1 713 876 7296
\n
Email: Catie Tuley<\/a><\/p>\n

KEYWORDS:<\/b> Texas Europe United States United Kingdom North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Natural Resources Maritime Transport Oil\/Gas Energy Natural Resources<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development NEWCASTLE & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract for subsea production systems by Equinor for its Irpa oil and gas development on the Norwegian Continental Shelf. Awarded under the companies\u2019 framework agreement, the contract covers the supply and installation support of subsea trees, control systems, structures, and connections, as well as tooling. Jonathan Landes, President, Subsea at TechnipFMC, commented: \u201cThis project will utilize our standardized production system, which was designed to meet the specific demands of the Norwegian Continental Shelf. The award demonstrates Equinor\u2019s confidence in our technology, quality, and ability to deliver. We\u2019re delighted to continue supporting them.\u201d (1) For TechnipFMC, a \u201csignificant\u201d contract is … <\/p>\n

Continue reading “TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-732405","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development NEWCASTLE & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract for subsea production systems by Equinor for its Irpa oil and gas development on the Norwegian Continental Shelf. Awarded under the companies\u2019 framework agreement, the contract covers the supply and installation support of subsea trees, control systems, structures, and connections, as well as tooling. Jonathan Landes, President, Subsea at TechnipFMC, commented: \u201cThis project will utilize our standardized production system, which was designed to meet the specific demands of the Norwegian Continental Shelf. The award demonstrates Equinor\u2019s confidence in our technology, quality, and ability to deliver. We\u2019re delighted to continue supporting them.\u201d (1) For TechnipFMC, a \u201csignificant\u201d contract is … Continue reading "TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-16T22:10:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230216005608r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development\",\"datePublished\":\"2023-02-16T22:10:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\\\/\"},\"wordCount\":566,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230216005608r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/technipfmc-awarded-significant-subsea-contract-for-equinors-irpa-development\\\/\",\"name\":\"TechnipFMC Awarded Significant Subsea Contract for Equinor\u2019s Irpa Development - 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