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Stock impact report

TechnipFMC Secures Major iEPCI Contract for BP's Tiber Field [Yahoo! Finance]

TechnipFMC plc Ordinary Share (FTI) 
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.technipfmc.com
Company Research Source: Yahoo! Finance
BP for the Tiber project, marking another step forward in ultra-high-pressure deepwater development in the Gulf of America. The award highlights BP's push to replicate proven execution models while advancing its first generation of 20,000 psi Paleogene projects. The Tiber contract directly builds on engineering and equipment work already underway for BP's Kaskida project, which was awarded to TechnipFMC in 2024. By leveraging this ongoing work, BP aims to reduce complexity and improve efficiency across similar greenfield developments. This repeatable iEPCI approach allows lessons, designs and technologies from Kaskida to be applied systematically to Tiber. According to TechnipFMC, currently carrying a Zacks Rank #2 (Buy), the project reflects a broader shift toward technology-enabled, integrated delivery within established basins. The company emphasizes that collaboration between operator and contractor is as critical as technical innovation. This model is designed to shorten time Show less Read more
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