TechnipFMC awarded subsea contracts by Petrobras for Brazilian pre-salt fields

TechnipFMC (NYSE: FTI) has been awarded two subsea contracts by Petrobras for pre-salt fields offshore Brazil.

The first prize is a substantial⁽¹⁾ contract for the design, engineering and production of flexible riser tubes. TechnipFMC will also provide associated services including packaging and warehousing.

The second award, which followed a competitive tender, is an important one⁽²⁾ contract for the design, engineering and manufacturing of subsea production systems to be deployed on the Atapu 2, Sepia 2 and Roncador projects. The contract also includes installation support and life-of-field services, as well as the option for additional equipment and services.