Subsea giant TechnipFMC has been awarded an integrated engineering, procurement, construction and installation contract by ConocoPhillips for the TOR II development in the Norwegian sector of the North Sea.
The contract includes the delivery and installation of a subsea production system including installation of umbilical, rigid flowlines and associated subsea equipment.
Arnaud Pieton, president subsea of TechnipFMC, commented: “Through early engagement and collaboration, with ConocoPhillips we engineered an integrated subsea solution enabling first oil sooner than with a traditional project execution. We have partnered with ConocoPhillips in the Ekofisk area on several projects and are honored that ConocoPhillips is expanding its scope with us, embracing our innovative and comprehensive approach.”
TechnipFMC described the contract as significant, which means the contract is valued somewhere between $75m and $250m.