{"id":786946,"date":"2023-09-28T18:42:40","date_gmt":"2023-09-28T22:42:40","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-flexible-pipe-contract-by-petrobras\/"},"modified":"2023-09-28T18:42:40","modified_gmt":"2023-09-28T22:42:40","slug":"technipfmc-awarded-flexible-pipe-contract-by-petrobras","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-flexible-pipe-contract-by-petrobras\/","title":{"rendered":"TechnipFMC Awarded Flexible Pipe Contract by Petrobras"},"content":{"rendered":"<p>        <!--.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nTechnipFMC Awarded Flexible Pipe Contract by Petrobras<\/p>\n<p>NEWCASTLE &amp; HOUSTON&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nTechnipFMC (NYSE: FTI) has been awarded a significant<sup>(1) <\/sup>contract to supply flexible pipes to Petrobras for the pre-salt fields offshore Brazil.<\/p>\n<p>\nThe Company will design, engineer, and manufacture 14 kilometers of gas injection riser pipes. TechnipFMC will also supply associated services including packing and storage.<\/p>\n<p>\nJonathan Landes, President, Subsea at TechnipFMC commented: \u201cWe have an established team in place who have earned the trust of Petrobras over many years of collaboration. We are delighted to once again work with a valued client to help them ensure success on their projects.\u201d<\/p>\n<p><i>(1) For TechnipFMC, a \u201csignificant\u201d contract is between $75 million and $250 million<\/i><i>.<\/i><\/p>\n<p><b>Important Information for Investors and Securityholders<\/b><\/p>\n<p>\nForward-Looking Statement<\/p>\n<p>\nThis release contains &#8220;forward-looking statements&#8221; 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<p><b>About TechnipFMC<\/b><\/p>\n<p>\nTechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.<\/p>\n<p>\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<p>\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<p>\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<p><b>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><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.technipfmc.com%2F&amp;esheet=53565747&amp;newsitemid=20230928658886&amp;lan=en-US&amp;anchor=www.TechnipFMC.com&amp;index=1&amp;md5=9daaca652788358eb726fc17232ff203\"><b>www.TechnipFMC.com<\/b><\/a><b> and follow us on X (formerly Twitter) @TechnipFMC.<\/b><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230928658886r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230928658886\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230928658886\/en\/<\/a><\/span><\/p>\n<p><b>Investor relations<br \/>\n<\/b><br \/>Matt Seinsheimer<br \/>\n<br \/>Senior Vice President, Investor Relations and Corporate Development<br \/>\n<br \/>Tel: +1 281 260 3665<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:InvestorRelations@TechnipFMC.com\">Matt Seinsheimer<\/a><\/p>\n<p>\nJames Davis<br \/>\n<br \/>Director, Investor Relations<br \/>\n<br \/>Tel: +1 281 260 3665<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:InvestorRelations@TechnipFMC.com\">James Davis<\/a><\/p>\n<p><b>Media relations<br \/>\n<\/b><br \/>Catie Tuley<br \/>\n<br \/>Director, Public Relations<br \/>\n<br \/>Tel: +1 713 876 7296<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:media@TechnipFMC.com\">Catie Tuley<\/a><span class=\"bwuline\" \/><\/p>\n<p>\nDavid Willis<br \/>\n<br \/>Senior Manager, Public Relations<br \/>\n<br \/>Tel: +44 7841 492988<br \/>\n<br \/>Email: <a rel=\"nofollow\" href=\"mailto:media@TechnipFMC.com\">David Willis<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Europe United States United Kingdom North America Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Maritime Engineering Transport Oil\/Gas Manufacturing Software Energy Electronic Design Automation<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230928658886\/en\/564651\/3\/TechnipFMC_H_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>TechnipFMC Awarded Flexible Pipe Contract by Petrobras NEWCASTLE &amp; HOUSTON&#8211;(BUSINESS WIRE)&#8211; TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to supply flexible pipes to Petrobras for the pre-salt fields offshore Brazil. The Company will design, engineer, and manufacture 14 kilometers of gas injection riser pipes. TechnipFMC will also supply associated services including packing and storage. Jonathan Landes, President, Subsea at TechnipFMC commented: \u201cWe have an established team in place who have earned the trust of Petrobras over many years of collaboration. We are delighted to once again work with a valued client to help them ensure success on their projects.\u201d (1) For TechnipFMC, a \u201csignificant\u201d contract is between $75 million and $250 million. Important Information for Investors and Securityholders &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-flexible-pipe-contract-by-petrobras\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;TechnipFMC Awarded Flexible Pipe Contract by Petrobras&#8221;<\/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-786946","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>TechnipFMC Awarded Flexible Pipe Contract by Petrobras - 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-flexible-pipe-contract-by-petrobras\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TechnipFMC Awarded Flexible Pipe Contract by Petrobras - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TechnipFMC Awarded Flexible Pipe Contract by Petrobras NEWCASTLE &amp; HOUSTON&#8211;(BUSINESS WIRE)&#8211; TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to supply flexible pipes to Petrobras for the pre-salt fields offshore Brazil. The Company will design, engineer, and manufacture 14 kilometers of gas injection riser pipes. TechnipFMC will also supply associated services including packing and storage. Jonathan Landes, President, Subsea at TechnipFMC commented: \u201cWe have an established team in place who have earned the trust of Petrobras over many years of collaboration. We are delighted to once again work with a valued client to help them ensure success on their projects.\u201d (1) For TechnipFMC, a \u201csignificant\u201d contract is between $75 million and $250 million. 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