TechnipFMC Awarded a Substantial Subsea Contract for Petrobras’ Búzios 6-9 Fields
29 Giugno 2021 - 10:15PM
Business Wire
Regulatory News:
TechnipFMC (NYSE: FTI) (PARIS: FTI) announced today that it has
been awarded a substantial(1) subsea contract by Petrobras for the
Búzios 6-9 fields. Located in the Santos basin offshore Brazil,
these fields are part of the pre-salt area, with a water depth of
2,000 meters.
TechnipFMC will supply subsea trees with controls, electrical
and hydraulic distribution units, topside systems, and installation
and intervention support services with rental tooling. Delivery is
expected to begin in the first quarter of 2023.
Jonathan Landes, President, Subsea, at TechnipFMC, commented,
“The Búzios 6-9 fields are major developments in Brazil, and we are
very honored to support Petrobras in this subsea project, which
further strengthens our long-term partnership. This contract
demonstrates TechnipFMC’s unique ability to deliver comprehensive
solutions that meet clients’ needs and leverages our expertise in
the pre-salt field.
“Sustainability will be at the core of our project delivery. All
of the subsea trees will be manufactured at our facilities in
Brazil, which are powered entirely from renewable energy
sources.
“This contract arrives only weeks after achieving our recent
milestone of manufacturing and delivering 700 trees in-country – a
further testament to our long-term commitment in Brazil, where
local content makes up over 97 percent of our workforce.”
TechnipFMC’s demonstrated history of project and technology
delivery for Petrobras helped solidify the Lean manufacturing
methodologies employed at its Rio Manufacturing Hub, improving
safety and quality, while reducing waste and costs.
(1) For TechnipFMC, a “substantial” contract is between $250
million and $500 million.
Important Information for Investors and
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Forward-Looking Statement
This release contains “forward-looking statements” as defined in
Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities Exchange
Act of 1934, as amended. The words “expect”, “estimated” and other
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About TechnipFMC
TechnipFMC is a leading technology provider to the traditional
and new energy industries, delivering fully integrated projects,
products, and services.
With our proprietary technologies and comprehensive solutions,
we are transforming our clients’ project economics, helping them
unlock new possibilities to develop energy resources while reducing
carbon intensity and supporting their energy transition
ambitions.
Organized in two business segments — Subsea and Surface
Technologies — we will continue to advance the industry with our
pioneering integrated ecosystems (such as iEPCI™, iFEED™ and
iComplete™), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a
commitment to our clients’ success, and a culture of strong
execution, purposeful innovation, and challenging industry
conventions.
TechnipFMC uses its website as a channel of distribution of
material company information. To learn more about how we are
driving change in the industry, go to www.TechnipFMC.com and follow
us on Twitter @TechnipFMC.
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