Offshore engineering service provider TechnipFMC has been awarded a major subsea contract by Equinor for the Johan Sverdrup Phase 2 development, located in the Norwegian part of the North Sea.
The contract covers the delivery and installation of the subsea production system including integrated template structures, manifolds, tie-in and controls equipment.
The value of the contract is between $75m and $250m.
“We have collaborated closely with Equinor establishing a Strategic Collaboration Agreement in 2018. This joint engagement is leading to further value creation for both of us and for Equinor’s Johan Sverdrup Phase 2 Development. It reaches beyond the supply of subsea equipment, now encompassing its installation. We are very proud of this joint engagement and very pleased to work alongside Equinor for the Johan Sverdrup Phase 2 development,” said Arnaud Piéton, president of subsea at TechnipFMC.
The Johan Sverdrup development is one of the largest developments on the Norwegian continental shelf, with expected resources of between 2.1-3.1bn barrels of oil equivalents.
Earlier this month, TechnipFMC was also awarded a EPCIC contract by BP for an FPSO unit to be deployed offshore on the maritime border of Mauritania and Senegal.