tiprankstipranks
TechnipFMC announces award of ‘significant contract’ by Woodside Energy
The Fly

TechnipFMC announces award of ‘significant contract’ by Woodside Energy

TechnipFMC (FTI) announced it has been awarded a “significant contract” by Woodside Energy (WDS) to engineer, procure, construct, and install flexible pipes and umbilicals for the Julimar Phase 3 development, offshore Western Australia. For TechnipFMC, a “significant” contract is between $75M and $250M. This award will be included in inbound orders in the second quarter of 2023. The company will tie back four subsea gas wells in the Carnarvon Basin to the existing Julimar subsea infrastructure producing to the Wheatstone platform, using high pressure, high temperature (HPHT) flexible pipe and steel tube umbilicals. Jonathan Landes, President, Subsea at TechnipFMC, commented: “We have a strong history of solid project execution with Woodside as demonstrated by the successful delivery of the Pyxis, Lambert Deep, and Greater Western Flank Phase 3 projects. We look forward to continuing this collaborative relationship with this award on Julimar Phase 3 as part of our framework agreement.”

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on FTI:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles