TechnipFMC Awarded Contract by TotalEnergies for Girassol Project

Immediate Frontier

(TechnipFMC, 23.Aug.2023) — TechnipFMC (NYSE: FTI) has been awarded a significant(1) contract to install flexible pipe and associated subsea structures for the Girassol Life Extension project (GIR LIFEX) by TotalEnergies EP Angola and its Block 17 Partners.

The Company was previously awarded the engineering, procurement, and supply of subsea flowlines and connectors for GIR LIFEX last year.

Jonathan Landes, President, Subsea at TechnipFMC, commented: “The seamless integration of engineering, manufacturing, and installation provides our clients with the flexibility and agility they need to meet their project goals. We have good knowledge of this field, having built the subsea tree systems for the original Girassol development. It gives us immense pride that our long-term clients continue to show trust and confidence in our solutions through subsequent awards.”

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(1) For TechnipFMC, a “significant” contract is between $75mn and $250mn.

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