TechnipFMC Awarded Significant Contract for Subsea 2.0® Production Systems for Chevron's Gorgon Stage 3 Project [Yahoo! Finance]
TechnipFMC plc Ordinary Share (FTI)
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm
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Source: Yahoo! Finance
This contract marks the introduction of the first 7-inch series of Subsea 2.0 ® horizontal subsea trees. In addition, TechnipFMC will deliver flexible jumpers designed to increase production rates and provide flow assurance for gas applications. Jonathan Landes, President, Subsea at TechnipFMC, commented: "Gorgon Stage 3 incorporates our Subsea 2.0 ® configure-to-order platform and our unique advanced flexible pipe technology. At TechnipFMC, we focus on commercializing innovative solutions that give our customers confidence in project execution and schedule certainty. We are proud to continue our 20-year partnership with Chevron on the Gorgon development through this latest opportunity." (1) For TechnipFMC, a "significant" contract is between $75 million and $250 million. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, a
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- TechnipFMC Awarded Significant Contract for Subsea 2.0® Production Systems for Chevron’s Gorgon Stage 3 ProjectBusiness Wire
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