{"id":760554,"date":"2023-05-25T16:18:07","date_gmt":"2023-05-25T20:18:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-significant-iepci-contract-by-shell-for-the-dover-development\/"},"modified":"2023-05-25T16:18:07","modified_gmt":"2023-05-25T20:18:07","slug":"technipfmc-awarded-significant-iepci-contract-by-shell-for-the-dover-development","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-significant-iepci-contract-by-shell-for-the-dover-development\/","title":{"rendered":"TechnipFMC Awarded Significant iEPCI\u2122 Contract by Shell for the Dover Development"},"content":{"rendered":"

<\/p>\n

TechnipFMC Awarded Significant iEPCI\u2122 Contract by Shell for the Dover Development<\/b><\/p>\n

NEWCASTLE & HOUSTON–(BUSINESS WIRE<\/a>)–
\nTechnipFMC (NYSE: FTI) has been awarded a significant(1)<\/sup> integrated Engineering, Procurement, Construction, and Installation (iEPCI\u2122<\/a>) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for its Dover development in the Gulf of Mexico.<\/p>\n

\nTechnipFMC will supply the subsea tree systems in addition to the engineering, procurement, construction and installation of the umbilical, riser, and flowline systems.<\/p>\n

\nThe Dover development will tie back to the Appomattox platform, where TechnipFMC previously supplied and installed<\/a> the subsea production systems.<\/p>\n

\nJonathan Landes, President, Subsea at TechnipFMC, commented: \u201cDover represents a continuation of our decades-long relationship with Shell. We look forward to helping extend production in this prolific basin.\u201d<\/p>\n

(1) For TechnipFMC, a \u201csignificant\u201d contract is between $75 million and $250 million. <\/i>This award will be included in inbound orders in the second quarter of 2023.<\/i><\/p>\n

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

\nForward-Looking Statement<\/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.<\/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.<\/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.<\/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.<\/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.<\/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\/20230525005651\/en\/<\/a><\/span><\/p>\n

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

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

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

\nDavid Willis
\n
Senior Manager, Public Relations
\n
Tel: +44 7841 492988
\n
Email: David Willis<\/a><\/p>\n

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

INDUSTRY KEYWORDS:<\/b> Oil\/Gas Natural Resources Energy Engineering Maritime Other Natural Resources Transport Manufacturing<\/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 iEPCI\u2122 Contract by Shell for the Dover Development NEWCASTLE & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI\u2122) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for its Dover development in the Gulf of Mexico. TechnipFMC will supply the subsea tree systems in addition to the engineering, procurement, construction and installation of the umbilical, riser, and flowline systems. The Dover development will tie back to the Appomattox platform, where TechnipFMC previously supplied and installed the subsea production systems. Jonathan Landes, President, Subsea at TechnipFMC, commented: \u201cDover represents a continuation of our decades-long relationship with Shell. We look forward to helping extend production in this prolific basin.\u201d … <\/p>\n

Continue reading “TechnipFMC Awarded Significant iEPCI\u2122 Contract by Shell for the Dover 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-760554","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTechnipFMC Awarded Significant iEPCI\u2122 Contract by Shell for the Dover 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-iepci-contract-by-shell-for-the-dover-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 iEPCI\u2122 Contract by Shell for the Dover Development - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TechnipFMC Awarded Significant iEPCI\u2122 Contract by Shell for the Dover Development NEWCASTLE & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI\u2122) contract by Shell plc (FTSE: SHEL) (AMS: SHELL) (NYSE: SHEL) for its Dover development in the Gulf of Mexico. TechnipFMC will supply the subsea tree systems in addition to the engineering, procurement, construction and installation of the umbilical, riser, and flowline systems. The Dover development will tie back to the Appomattox platform, where TechnipFMC previously supplied and installed the subsea production systems. Jonathan Landes, President, Subsea at TechnipFMC, commented: \u201cDover represents a continuation of our decades-long relationship with Shell. 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