TechnipFMC awarded major iEPCI™ contract for Shell's Gato do Mato, offshore Brazil

TechnipFMC has been awarded a major⁽¹⁾ integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Shell for its Gato do Mato greenfield development offshore Brazil.

In addition to integrated execution, the project will utilize Subsea 2.0^® configure-to-order (CTO) subsea production systems. Combining both offerings will enable streamlined project management through a single interface and accelerate time to first oil.

“Throughout our 30-year partnership with Shell, we have built an overwhelmingly strong record of delivery," commented Jonathan Landes, President, Subsea at TechnipFMC. "Our success in integrating and industrializing innovative solutions gives us the utmost confidence in providing the schedule certainty Shell requires for this flagship project offshore Brazil.”

(1) For TechnipFMC, a “major” contract is greater than $1 billion. This award will be included in inbound orders in the first quarter of 2025