{"id":829671,"date":"2025-03-25T16:18:03","date_gmt":"2025-03-25T20:18:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-major-iepci-contract-for-shells-gato-do-mato-development-offshore-brazil\/"},"modified":"2025-03-25T16:18:03","modified_gmt":"2025-03-25T20:18:03","slug":"technipfmc-awarded-major-iepci-contract-for-shells-gato-do-mato-development-offshore-brazil","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/technipfmc-awarded-major-iepci-contract-for-shells-gato-do-mato-development-offshore-brazil\/","title":{"rendered":"TechnipFMC Awarded Major iEPCI\u2122 Contract for Shell\u2019s Gato do Mato Development Offshore Brazil"},"content":{"rendered":"

<\/p>\n

\nTechnipFMC Awarded Major iEPCI\u2122 Contract for Shell\u2019s Gato do Mato Development Offshore Brazil\n<\/p>\n

NEWCASTLE & HOUSTON–(BUSINESS WIRE<\/a>)–
\nTechnipFMC (NYSE: FTI) has been awarded a major(1)<\/sup> integrated Engineering, Procurement, Construction, and Installation (iEPCI\u2122) contract by Shell for its Gato do Mato greenfield development offshore Brazil.\n<\/p>\n

\nIn addition to integrated execution, the project will utilize Subsea 2.0\u00ae configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil.\n<\/p>\n

\nJonathan Landes, President, Subsea at TechnipFMC commented: \u201cThroughout our 30-year partnership with Shell, we have built an overwhelmingly strong record of delivery. Our success in integrating and industrializing innovative solutions gives us the utmost confidence in providing the schedule certainty Shell requires for this flagship project offshore Brazil.\u201d\n<\/p>\n

(1) For TechnipFMC, a \u201cmajor\u201d contract is greater than $1 billion. This award will be included in inbound orders in the first quarter of 2025.<\/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, including our assumptions and projections regarding the expected benefits of the awarded contract, 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 21,000 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 X @TechnipFMC.<\/b><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250325301753\/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<\/a>Davis<\/a><\/p>\n

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

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

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Manufacturing Construction & Property Maritime Other Energy Transport Other Manufacturing Oil\/Gas Energy Engineering Other Construction & Property<\/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 Major iEPCI\u2122 Contract for Shell\u2019s Gato do Mato Development Offshore Brazil NEWCASTLE & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE: FTI) has been awarded a major(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI\u2122) contract by Shell for its Gato do Mato greenfield development offshore Brazil. In addition to integrated execution, the project will utilize Subsea 2.0\u00ae configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil. Jonathan Landes, President, Subsea at TechnipFMC commented: \u201cThroughout our 30-year partnership with Shell, we have built an overwhelmingly strong record of delivery. Our success in integrating and industrializing innovative solutions gives us the utmost confidence in providing the schedule certainty Shell requires … <\/p>\n

Continue reading “TechnipFMC Awarded Major iEPCI\u2122 Contract for Shell\u2019s Gato do Mato Development Offshore Brazil”<\/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-829671","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nTechnipFMC Awarded Major iEPCI\u2122 Contract for Shell\u2019s Gato do Mato Development Offshore Brazil - 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-major-iepci-contract-for-shells-gato-do-mato-development-offshore-brazil\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TechnipFMC Awarded Major iEPCI\u2122 Contract for Shell\u2019s Gato do Mato Development Offshore Brazil - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TechnipFMC Awarded Major iEPCI\u2122 Contract for Shell\u2019s Gato do Mato Development Offshore Brazil NEWCASTLE & HOUSTON–(BUSINESS WIRE)– TechnipFMC (NYSE: FTI) has been awarded a major(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI\u2122) contract by Shell for its Gato do Mato greenfield development offshore Brazil. In addition to integrated execution, the project will utilize Subsea 2.0\u00ae configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil. Jonathan Landes, President, Subsea at TechnipFMC commented: \u201cThroughout our 30-year partnership with Shell, we have built an overwhelmingly strong record of delivery. 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