TechnipFMC bags Brazilian EPCI deal
France's TechnipFMC has secured a contract from Brazil's Petrobras for engineering, procurement, construction and installation services at the Buzios 6 oil and gas field in the south American country's offshore Santos basin.
The contract covers supply of flexible and rigid pipe, umbilicals, pipeline end terminals, rigid jumpers, umbilical termination assemblies and a mooring system, TechnipFMC said. It added that the flexible pipe, umbilicals and subsea structures, as well as some of the rigid pipe, would be manufactured in Brazil.
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TechnipFMC described the contract as "large", indicating a value of between $500mn and $1bn.