OSLO, NORWAY (By Equinor, 7.Jul.2026, Words: 953) — On behalf of partners, Equinor has awarded contracts worth around NOK 6bn for 4 subsea projects. They are part of the first of several planned subsea development waves, in which contracts are being coordinated to increase pace and reduce costs for subsea developments […]
Tag: Technip
EAI’s Suriname NRG Prospector: TotalEnergies and APA eye GranMorgu [23pg pdf download]
PANAMA CITY, PANAMA (Editors at Energy Analytics Institute, 13.Jun.2025, Words: 6,000) — Nestled on the northeaster coast of South America, Surname is a small yet resource rich country poised to emerged as a vital player in the Latin America and Caribbean energy and extractive sectors. Recent developments offshore highlight the […]
TechnipFMC bags $1bn+ iEPCI contract for Shell’s Gato do Mato offshore Brazil
HOUSTON, TEXAS (Ofelia Paredes, Energy Analytics Institute, 25.Mar.2025, Words: 156) — TechnipFMC announced it has been awarded a major integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Shell plc for its Gato do Mato greenfield development offshore Brazil. TechnipFMC — a technology provider to the traditional and new energy […]
Equinor awards TechnipFMC an iEPCI contract for Johan Sverdrup phase 3 offshore Norway
HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 24.Mar.2025, Words: 164) — Norway’s Equinor awarded TechnipFMC a large integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract for the Johan Sverdrup Phase 3 development in the Norwegian North Sea. The contract value is between $500mn-$1bn, and the award will be included […]
FLNG Market Boasts $35bn EPC Contract Award Value 2023-27
(Westwood, 4.Apr.2023) — When Shell announced final investment decision (FID) on its Prelude floating liquefaction natural gas (FLNG) unit in May 2011, it was meant to be the start of an era. An era that would herald the development of stranded gas fields at lower costs. However, 12 years on, […]
Petrobras Receives R$265mn Of Leniency Agreement
(Petrobras, 26.Jun.2020) — Petrobras announces that, following up to the release disclosed on 25 July 2019, it has received R$265mn related to the second installment of the leniency agreement executed by Technip Brasil and Flexibras (companies of the Technip Group). This payment arises from the damages suffered by Petrobras’ within […]
Petrobras Receives R$425mn For Leniency Agreements
(Petrobras, 25.Jul.2019) — Petrobras received this week R$425 million as a result of leniency agreements and repatriations carried out by the Federal Prosecutor’s Office. Thus, the total amount of funds returned to the company as a result of cooperation, leniency agreements and repatriation exceeds R$ 4 billion. Such return involves: […]
Big Splash for Deep Blue in Brazil
(TechnipFMC, 23.Jul.2019) — The Deep Blue is making a big splash in Brazil. TechnipFMC’s flagship deepwater pipelay and construction vessel is embarking on a major subsea project laying pipeline on the Peregrino Phase 2 Project in the Campos Basin offshore Brazil. Deep Blue will install rigid and flexible pipelines as […]
Mariscal Sucre Has 600 MMcf/d Production Potential
(Piero Stewart, Energy Analytics Institute, 1.Feb.2017) – Venezuela’s Mariscal Sucre natural gas project offshore has a production potential of 600 million cubic feet per day. The company plans to use this gas production to supply export markets in Colombia, Ecuador, Central America and the Caribbean, PDVSA announced in an official […]
Technip Wins Lula Alto Contract In Brazil
(Technip S.A., 2.Mar.2015) – Technip was awarded a major contract from Tupi BV, a consortium composed of Petrobras Netherland BV (PNBV, 65% WI), BG (25% WI) and Galp (10% WI), for the ongoing development of the Lula Alto field, located in the Santos Basin pre-salt area, Brazil. This contract covers […]