TechnipFMC Awarded Significant Integrated EPCI Contract for Woodside’s Pyxis Field in Australia
18 Octobre 2019 - 7:00AM
Business Wire
TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded a
significant(1) integrated Engineering, Procurement, Construction
and Installation (EPCI) contract by Woodside for the development of
the Pyxis and Xena fields, located offshore North West
Australia.
TechnipFMC will design, manufacture, deliver and install subsea
equipment including subsea production system, flexible flowlines
and umbilicals.
This contract is the first call-off under the recently executed
five-year EPCI Frame Agreement between TechnipFMC and Woodside. The
Frame Agreement allows collaborative development of projects for
Woodside through early engagement and utilization of TechnipFMC
integrated execution solutions.
Arnaud Piéton, President Subsea at TechnipFMC, commented: “We
are very pleased to have signed a five-year Frame Agreement with
Woodside that leads to this first contract under this agreement.
This iEPCITM contract combines our integrated subsea solution with
our Subsea 2.0 products and illustrates TechnipFMC’s complete
offering. We value our long-term, collaborative relationship with
Woodside and are committed to bring the best in the execution of
this project.”
(1) For TechnipFMC, a “significant” contract is between $75
million and $250 million
Note: this inbound order was included in the Company’s third
quarter financial results.
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About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and
surface projects. With our proprietary technologies and production
systems, integrated expertise, and comprehensive solutions, we are
transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across
project lifecycles from concept to project delivery and beyond.
Through innovative technologies and improved efficiencies, our
offering unlocks new possibilities for our clients in developing
their oil and gas resources.
Each of our more than 37,000 employees is driven by a steady
commitment to clients and a culture of purposeful innovation,
challenging industry conventions, and rethinking how the best
results are achieved.
TechnipFMC utilizes its website www.TechnipFMC.com as a
channel of distribution of material company information. To learn
more about us and how we are enhancing the performance of the
world’s energy industry, go to www.TechnipFMC.com and follow us on
Twitter @TechnipFMC.
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