Equinor awards significant subsea contract for oil and gas development offshore Norway
(WO) — TechnipFMC has been awarded a significant contract for subsea production systems by Equinor for its Irpa oil and gas development on the Norwegian Continental Shelf. The contract award is estimated to be worth between $75 million and $250 million.
Awarded under the companies’ framework agreement, the contract covers the supply and installation support of subsea trees, control systems, structures, and connections, as well as tooling.
Jonathan Landes, President, Subsea at TechnipFMC, commented, “This project will utilize our standardized production system, which was designed to meet the specific demands of the Norwegian Continental Shelf. The award demonstrates Equinor’s confidence in our technology, quality, and ability to deliver.”